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Fortinet Down Over 27%, on Pace for Record Percent Decrease -- Data Talk

Dow Jones08-07

Fortinet, Inc. $(FTNT)$ is currently at $70.23, down $26.35 or 27.28%

 

--Would be lowest close since Aug. 9, 2024, when it closed at $69.69

--Would be largest percent decrease on record (Based on available data back to Nov. 18, 2009)

--Currently down six of the past eight days

--Down 29.7% month-to-date

--Down 25.67% year-to-date

--Down 38.7% from its all-time closing high of $114.57 on Feb. 19, 2025

--Up 2.26% from 52 weeks ago (Aug. 8, 2024), when it closed at $68.68

--Down 38.7% from its 52-week closing high of $114.57 on Feb. 19, 2025

--Up 2.26% from its 52-week closing low of $68.68 on Aug. 8, 2024

--Traded as low as $70.12; lowest intraday level since Aug. 13, 2024, when it hit $69.65

--Down 27.4% at today's intraday low; largest intraday percent decrease on record (Based on available data back to Nov. 18, 2009)

--Worst performer in the S&P 500 today

--Fifth most active stock in the S&P 500 today

--Worst performer in the Nasdaq 100 today

--Fifth most active stock in the Nasdaq 100 today

 

All data as of 10:02:25 AM ET

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 07, 2025 10:06 ET (14:06 GMT)

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Comment1

  • MaxGain
    ·08-07
    The KAMIKAZE PLUNGE of FTNT's stock price is a reflection that it is a business that's no longer of any relevance nor importance to the Cybersecurity Industry, having been lagging behind all of it's competitors in likes of Palo Alto, CrowdStrike and even Palantir. The investors are no longer fooled by all of it's (in my opinion) window dressing of numbers for the longest time from quarter to quarter. It is now considered a legacy or a so called 'DINOSAUR' Cybersecurity Solution with no sense of director AI unlike it's competitors like Palantir. Make no mistake nor have the belief that it will rise to it's former days of high valuation, especially with an aging CEO & Founder along with his Co-founding younger brother still holding on the positions even though they are both no longe
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