Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +3.44% slid 3.42% to $330.80 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.78% rising 0.05% to 35,619.25 and the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.29% falling 0.32% to 4,682.94. This was the stock's second consecutive day of losses. Fortinet Inc. closed $24.55 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 +0.57% rose 2.54% to $54.60 and HP Inc. /zigman2/quotes/203461582/composite HPQ +0.77% rose 1.53% to $31.93. Trading volume (1.0 M) eclipsed its 50-day average volume of 899,964.