Fortinet Inc. Stock Outperforms Competitors Despite Losses On The Day

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Fortinet Inc. (FTNT) shares fell 1.16% to $181.91, marking its fourth consecutive day of losses and closing 7.72% below its 52-week high. Despite the decline, Fortinet outperformed key competitors Cisco, CrowdStrike, and Palo Alto Networks, which all posted larger daily drops. Trading volume remained below the 50-day average.

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Shares of Fortinet Inc. (FTNT) slid 1.16% to $181.91 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.33% to 7,744.06 and the Dow Jones Industrial Average rising 1.08% to 52,177.69.

This was the stock's fourth consecutive day of losses.

Fortinet Inc. closed 7.72% short of its 52-week high of $197.13, which the company reached on October 13th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Cisco Systems Inc. (CSCO) fell 3.34% to $109.85, CrowdStrike Holdings Inc. Cl A (CRWD) fell 1.89% to $244.57, and Palo Alto Networks Inc. (PANW) fell 1.27% to $370.27.

Trading volume (3.7 M) remained 361,261 below its 50-day average volume of 4.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 15, 2026.

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10-15-26 1636ET

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