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Shares of Fortinet Inc. (FTNT) slipped 0.63% to $320.61 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.51% to 4,551.68 and Dow Jones Industrial Average falling 0.74% to 35,490.69. This was the stock's third consecutive day of losses. Fortinet Inc. closed $24.64 short of its 52-week high ($345.25), which the company achieved on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. (CSCO) rose 0.66% to $56.18 and HP Inc. (HPQ) fell 1.46% to $29.70. Trading volume (696,975) remained 190,192 below its 50-day average volume of 887,167.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2021.
(END) Dow Jones Newswires
October 27, 2021 16:55 ET (20:55 GMT)
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