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Shares of Fortinet Inc. (FTNT) slid 2.06% to $335.13 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.00% to 4,682.80 and Dow Jones Industrial Average falling 0.04% to 36,087.45. The stock's fall snapped a two-day winning streak. Fortinet Inc. closed $20.22 below its 52-week high ($355.35), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. (CSCO) rose 0.79% to $57.27 and HP Inc. (HPQ) fell 1.48% to $31.35. Trading volume (748,772) remained 146,681 below its 50-day average volume of 895,453.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2021.
(END) Dow Jones Newswires
November 15, 2021 16:55 ET (21:55 GMT)
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