DJ Fortinet Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. $(FTNT)$ rose 1.20% to $115.44 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.19% to 7,412.84 and the Dow Jones Industrial Average rising 0.19% to 49,704.47.
This was the stock's seventh consecutive day of gains.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $114.66, which the company reached on May 8th.
The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. $(CSCO)$ rose 2.23% to $98.72, CrowdStrike Holdings Inc. Cl A (CRWD) rose 2.75% to $542.26, and Palo Alto Networks Inc. (PANW) rose 2.78% to $213.66.
Trading volume (6.7 M) eclipsed its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 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
May 11, 2026 16:42 ET (20:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments