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Shares of Fortinet Inc. (FTNT) slid 1.01% to $331.91 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.47% to 4,566.48 and the Dow Jones Industrial Average rising 0.18% to 35,741.15. The stock's fall snapped an eight-day winning streak. Fortinet Inc. closed $6.91 below its 52-week high ($338.82), which the company reached on October 22nd.
The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. (CSCO) rose 0.05% to $55.14 and HP Inc. (HPQ) rose 0.53% to $30.63. Trading volume (993,261) eclipsed its 50-day average volume of 871,602.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2021.
(END) Dow Jones Newswires
October 25, 2021 16:55 ET (20:55 GMT)
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