F5 Inc. Stock Falls Thursday, Underperforms Market
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Shares of F5 Inc. (FFIV) sank 0.90% to $146.25 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
This was the stock's third consecutive day of losses.
F5 Inc. closed $28.13 short of its 52-week high ($174.38), which the company reached on August 18th.
The stock underperformed when compared to some of its competitors Thursday, as Ceridian HCM Holding Inc. (CDAY) rose 0.92% to $62.42.
Trading volume (435,561) remained 158,038 below its 50-day average volume of 593,599.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:55 ET (20:55 GMT)
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