DJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. $(FTNT)$ slipped 2.45% to $160.11 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.18% to 7,709.96 and Dow Jones Industrial Average falling 0.85% to 53,885.10.
This was the stock's second consecutive day of losses.
Fortinet Inc. closed 6.96% below its 52-week high of $172.09, which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. $(CSCO)$ fell 0.51% to $120.88, CrowdStrike Holdings Inc. Cl A (CRWD) fell 1.18% to $207.39, and Palo Alto Networks Inc. (PANW) fell 0.87% to $359.49.
Trading volume (5.0 M) remained 1.2 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 6, 2026.
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