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Nov. 15, 2021, 4:54 p.m. EST

Fortinet Inc. stock falls Monday, underperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +3.53% slid 2.06% to $335.13 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.49% falling 0.00% to 4,682.80 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.85% falling 0.04% to 36,087.45. The stock's fall snapped a two-day winning streak. Fortinet Inc. closed $20.22 below its 52-week high ($355.35), which the company achieved on November 8th.

The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.37% rose 0.79% to $57.27 and HP Inc. /zigman2/quotes/203461582/composite HPQ +2.62% fell 1.48% to $31.35. Trading volume (748,772) remained 146,681 below its 50-day average volume of 895,453.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/205733290/composite
US : U.S.: Nasdaq
$ 282.59
+9.64 +3.53%
Volume: 736,992
Jan. 26, 2022 1:27p
P/E Ratio
85.05
Dividend Yield
N/A
Market Cap
$44.63 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210599714/realtime
US : S&P US
4,421.17
+64.72 +1.49%
Volume: 1.39B
Jan. 26, 2022 1:27p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,590.79
+293.06 +0.85%
Volume: 245.54M
Jan. 26, 2022 1:27p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.91
-0.21 -0.37%
Volume: 10.74M
Jan. 26, 2022 1:27p
P/E Ratio
20.81
Dividend Yield
2.64%
Market Cap
$236.65 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 35.90
+0.92 +2.62%
Volume: 3.68M
Jan. 26, 2022 1:27p
P/E Ratio
6.58
Dividend Yield
2.79%
Market Cap
$37.87 billion
Rev. per Employee
$1.25M
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