Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones04-24 04:46

DJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Fortinet Inc. $(FTNT)$ shed 4.97% to $82.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 7,108.40 and Dow Jones Industrial Average falling 0.36% to 49,310.32.

The stock's fall snapped a three-day winning streak.

Fortinet Inc. closed 24.30% below its 52-week high of $109.33, which the company achieved on May 5th.

The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. $(CSCO)$ fell 1.35% to $88.59, CrowdStrike Holdings Inc. Cl A (CRWD) fell 4.56% to $445.39, and Palo Alto Networks Inc. (PANW) fell 4.41% to $173.21.

Trading volume (5.4 M) remained 874,357 below its 50-day average volume of 6.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 23, 2026 16:46 ET (20:46 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Stock Underperforms Thursday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> shed 4.97% to $82.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&amp;P 500 Index  falling 0.41% to 7,108.40 and Dow Jones Industrial Average  falling 0.36% to 49,310.32. \n</p>\n<p>\n     The stock's fall snapped a three-day winning streak. \n</p>\n<p>\n     Fortinet Inc. closed 24.30% below its 52-week high of $109.33, which the company achieved on May 5th. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. <a href=\"https://laohu8.com/S/CSCO\">$(CSCO)$</a> fell 1.35% to $88.59, <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a> Holdings Inc. Cl A (CRWD) fell 4.56% to $445.39, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. (PANW) fell 4.41% to $173.21. \n</p>\n<p>\n     Trading volume (5.4 M) remained 874,357 below its 50-day average volume of 6.3 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2026. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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Stock Underperforms Thursday When Compared To Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-24 04:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Fortinet Inc. <a href=\"https://laohu8.com/S/FTNT\">$(FTNT)$</a> shed 4.97% to $82.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&amp;P 500 Index  falling 0.41% to 7,108.40 and Dow Jones Industrial Average  falling 0.36% to 49,310.32. \n</p>\n<p>\n     The stock's fall snapped a three-day winning streak. \n</p>\n<p>\n     Fortinet Inc. closed 24.30% below its 52-week high of $109.33, which the company achieved on May 5th. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. <a href=\"https://laohu8.com/S/CSCO\">$(CSCO)$</a> fell 1.35% to $88.59, <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a> Holdings Inc. Cl A (CRWD) fell 4.56% to $445.39, and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc. (PANW) fell 4.41% to $173.21. \n</p>\n<p>\n     Trading volume (5.4 M) remained 874,357 below its 50-day average volume of 6.3 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2026. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Fortinet Inc. $(FTNT)$ shed 4.97% to $82.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 0.41% to 7,108.40 and Dow Jones Industrial Average  falling 0.36% to 49,310.32. \n\n\n     The stock's fall snapped a three-day winning streak. \n\n\n     Fortinet Inc. closed 24.30% below its 52-week high of $109.33, which the company achieved on May 5th. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. $(CSCO)$ fell 1.35% to $88.59, CrowdStrike Holdings Inc. Cl A (CRWD) fell 4.56% to $445.39, and Palo Alto Networks Inc. 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