Fortinet Inc. Stock Underperforms Tuesday When Compared To Competitors
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Fortinet Inc. (FTNT) shares fell 2.45% to $79.30 on Tuesday, underperforming in a declining stock market where the S&P 500 dropped 0.84%. The stock is 30.94% below its 52-week high of $114.82. In comparison, Cisco Systems Inc. rose 3.06%, while CrowdStrike Holdings Inc. and Palo Alto Networks Inc. saw declines of 3.90% and 5.23%, respectively. Trading volume for Fortinet was 6.5 million, surpassing its 50-day average of 5.9 million.
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