Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +0.60% slumped 0.61% to $349.06 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.28% falling 0.35% to 4,685.25 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.29% falling 0.31% to 36,319.98. The stock's fall snapped a five-day winning streak. Fortinet Inc. closed $6.29 short of its 52-week high ($355.35), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.39% rose 0.77% to $57.44 and HP Inc. /zigman2/quotes/203461582/composite HPQ +2.18% rose 0.54% to $31.77. Trading volume (1.0 M) eclipsed its 50-day average volume of 914,731.