DJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ rose 2.18% to $149.67 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.41% to 7,584.31 and the Dow Jones Industrial Average rising 1.73% to 51,561.93.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $149.03, which the company achieved on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. $(CSCO)$ rose 2.77% to $130.00, CrowdStrike Holdings Inc. Cl A (CRWD) fell 3.81% to $719.09, and Palo Alto Networks Inc. (PANW) fell 0.42% to $279.25.
Trading volume (5.2 M) remained 974,776 below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 4, 2026.
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(END) Dow Jones Newswires
June 04, 2026 16:39 ET (20:39 GMT)
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