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

Fortinet Inc. stock underperforms Monday when compared to competitors

MarketWatch Automation

Shares of Fortinet Inc. (NAS:FTNT) 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 (DOW:DJIA) rising 0.05% to 35,619.25 and the S&P 500 Index (S&P:SPX) 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. (NAS:CSCO) rose 2.54% to $54.60 and HP Inc. (NYS:HPQ) 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.

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