Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -1.01% slipped 1.50% to $299.49 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.47% falling 0.91% to 4,432.99 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.18% falling 0.48% to 34,584.88. The stock's fall snapped a three-day winning streak. Fortinet Inc. closed $22.51 below its 52-week high ($322.00), which the company reached on September 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.05% fell 0.84% to $56.85, HP Inc. /zigman2/quotes/203461582/composite HPQ +0.53% fell 1.28% to $27.68, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -0.77% fell 1.76% to $476.37. Trading volume (1.5 M) eclipsed its 50-day average volume of 940,034.