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.