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Shares of Fortinet Inc. FTNT inched 0.69% higher to $60.06 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. This was the stock's fourth consecutive day of gains. Fortinet Inc. closed $14.29 below its 52-week high ($74.35), which the company reached on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cisco Systems Inc. CSCO fell 0.20% to $45.28 and HP Inc. HPQ rose 0.84% to $33.67. Trading volume (4.0 M) remained 1.6 million below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 16:55 ET (20:55 GMT)
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