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Oct. 12, 2021, 4:55 p.m. EDT

Fortinet Inc. stock falls Tuesday, still outperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +1.64% sank 0.07% to $306.58 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.31% falling 0.24% to 4,350.65 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% falling 0.34% to 34,378.34. This was the stock's third consecutive day of losses. Fortinet Inc. closed $15.42 short of its 52-week high ($322.00), which the company achieved on September 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.83% fell 1.18% to $54.28, HP Inc. /zigman2/quotes/203461582/composite HPQ -1.56% fell 4.08% to $26.55, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +1.38% rose 1.09% to $505.24. Trading volume (501,117) remained 420,494 below its 50-day average volume of 921,611.

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
$ 322.44
+5.20 +1.64%
Volume: 1.03M
Dec. 8, 2021 4:00p
P/E Ratio
96.94
Dividend Yield
N/A
Market Cap
$51.87 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,701.21
+14.46 +0.31%
Volume: 2.16B
Dec. 8, 2021 4:59p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,754.75
+35.32 +0.10%
Volume: 387.65M
Dec. 8, 2021 4:59p
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 57.02
-1.06 -1.83%
Volume: 23.63M
Dec. 8, 2021 4:00p
P/E Ratio
21.20
Dividend Yield
2.60%
Market Cap
$244.96 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 36.71
-0.58 -1.56%
Volume: 10.98M
Dec. 8, 2021 4:03p
P/E Ratio
6.74
Dividend Yield
2.72%
Market Cap
$42.98 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 530.63
+7.20 +1.38%
Volume: 739,617
Dec. 8, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.64 billion
Rev. per Employee
$406,388
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