This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. (FTNT) shed 0.77% to $55.49 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. The stock's fall snapped a three-day winning streak. Fortinet Inc. closed $18.86 below its 52-week high ($74.35), which the company reached on December 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. (CSCO) rose 0.05% to $44.38 and HP Inc. (HPQ) fell 0.36% to $27.48. Trading volume (5.9 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 16:56 ET (20:56 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.