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Nov. 22, 2021, 4:55 p.m. EST

Fortinet Inc. stock underperforms Monday when compared to competitors

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +1.51% 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 -0.56% rising 0.05% to 35,619.25 and the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.08% 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 -0.23% rose 2.54% to $54.60 and HP Inc. /zigman2/quotes/203461582/composite HPQ -0.72% rose 1.53% to $31.93. Trading volume (1.0 M) eclipsed its 50-day average volume of 899,964.

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
$ 312.54
+4.66 +1.51%
Volume: 1.28M
Jan. 14, 2022 4:00p
P/E Ratio
93.97
Dividend Yield
N/A
Market Cap
$51.10 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,911.81
-201.81 -0.56%
Volume: 396.47M
Jan. 14, 2022 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,662.85
+3.82 +0.08%
Volume: 2.52B
Jan. 14, 2022 5:16p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 61.36
-0.14 -0.23%
Volume: 18.83M
Jan. 14, 2022 4:00p
P/E Ratio
22.82
Dividend Yield
2.41%
Market Cap
$258.79 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 38.42
-0.28 -0.72%
Volume: 8.54M
Jan. 14, 2022 4:04p
P/E Ratio
7.06
Dividend Yield
2.60%
Market Cap
$41.60 billion
Rev. per Employee
$1.25M
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