DJ Fortinet Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ slid 4.50% to $127.93 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 7,520.36 and the Dow Jones Industrial Average rising 0.36% to 50,644.28.
The stock's fall snapped a two-day winning streak.
Fortinet Inc. closed 5.17% short of its 52-week high of $134.91, which the company achieved on May 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. $(CSCO)$ rose 1.13% to $119.67, CrowdStrike Holdings Inc. Cl A (CRWD) fell 3.90% to $645.36, and Palo Alto Networks Inc. (PANW) fell 3.22% to $248.47.
Trading volume (6.8 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2026.
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(END) Dow Jones Newswires
May 27, 2026 16:40 ET (20:40 GMT)
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