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Nov. 9, 2021, 4:55 p.m. EST

Fortinet Inc. stock falls Tuesday, underperforms market

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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.

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
$ 290.37
+1.72 +0.60%
Volume: 3.37M
Jan. 24, 2022 4:00p
P/E Ratio
87.30
Dividend Yield
N/A
Market Cap
$47.19 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210599714/realtime
US : S&P US
4,410.13
+12.19 +0.28%
Volume: 3.89B
Jan. 24, 2022 5:04p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,364.50
+99.13 +0.29%
Volume: 678.12M
Jan. 24, 2022 5:04p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 56.90
+0.22 +0.39%
Volume: 34.19M
Jan. 24, 2022 4:00p
P/E Ratio
21.16
Dividend Yield
2.60%
Market Cap
$239.05 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 35.62
+0.76 +2.18%
Volume: 13.04M
Jan. 24, 2022 4:03p
P/E Ratio
6.54
Dividend Yield
2.81%
Market Cap
$37.74 billion
Rev. per Employee
$1.25M
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