DJ Fortinet Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ rallied 1.17% to $148.86 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.13% to 7,609.78 and the Dow Jones Industrial Average rising 0.45% to 51,307.79.
This was the stock's fourth consecutive day of gains.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $147.49, which the company reached on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. $(CSCO)$ rose 5.50% to $128.00, CrowdStrike Holdings Inc. Cl A (CRWD) fell 1.69% to $768.95, and Palo Alto Networks Inc. (PANW) fell 1.10% to $297.18.
Trading volume (6.8 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2026.
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(END) Dow Jones Newswires
June 02, 2026 16:39 ET (20:39 GMT)
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