DJ Fortinet Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. $(FTNT)$ shed 2.47% to $164.13 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.49% to 54,349.12 and the S&P 500 Index falling 0.17% to 7,723.55.
The stock's fall snapped a five-day winning streak.
Fortinet Inc. closed 3.65% below its 52-week high of $170.35, which the company reached on July 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. $(CSCO)$ fell 0.20% to $121.50, CrowdStrike Holdings Inc. Cl A (CRWD) fell 0.64% to $209.86, and Palo Alto Networks Inc. (PANW) fell 1.00% to $362.66.
Trading volume (4.6 M) remained 1.7 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2026.
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