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Shares of Fortinet Inc. (FTNT) slumped 0.61% to $349.06 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.35% to 4,685.25 and Dow Jones Industrial Average falling 0.31% to 36,319.98. The stock's fall snapped a five-day winning streak. Fortinet Inc. closed $6.29 short of its 52-week high ($355.35), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Cisco Systems Inc. (CSCO) rose 0.77% to $57.44 and HP Inc. (HPQ) rose 0.54% to $31.77. Trading volume (1.0 M) eclipsed its 50-day average volume of 914,731.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2021.
(END) Dow Jones Newswires
November 09, 2021 16:55 ET (21:55 GMT)
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