Fortinet Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. (FTNT) rose 3.05% to $122.47 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.35% to 7,549.94 and the Dow Jones Industrial Average rising 2.15% to 52,389.75.
The stock's rise snapped a two-day losing streak.
Fortinet Inc. closed 37.87% below its 52-week high of $197.13, which the company achieved on October 13th.
The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. (CSCO) rose 5.11% to $98.65, CrowdStrike Holdings Inc. Cl A (CRWD) rose 5.38% to $228.58, and Palo Alto Networks Inc. (PANW) rose 5.43% to $330.89.
Trading volume (5.2 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2026.
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