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Sept. 13, 2021, 4:55 p.m. EDT

Fortinet Inc. stock falls Monday, underperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +3.63% slid 4.37% to $296.92 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.34% rising 0.23% to 4,468.73 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% rising 0.76% to 34,869.63. This was the stock's second consecutive day of losses. Fortinet Inc. closed $25.08 below its 52-week high ($322.00), which the company achieved on September 7th.

The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.11% rose 0.36% to $58.10, HP Inc. /zigman2/quotes/203461582/composite HPQ +1.13% rose 1.36% to $28.38, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +1.44% rose 1.32% to $476.12. Trading volume (1.8 M) eclipsed its 50-day average volume of 920,578.

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
$ 326.74
+11.45 +3.63%
Volume: 929,316
Oct. 18, 2021 4:00p
P/E Ratio
105.44
Dividend Yield
N/A
Market Cap
$51.49 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,486.46
+15.09 +0.34%
Volume: 1.87B
Oct. 18, 2021 5:05p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,258.61
-36.15 -0.10%
Volume: 323.09M
Oct. 18, 2021 5:05p
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.19
-0.06 -0.11%
Volume: 10.99M
Oct. 18, 2021 4:00p
P/E Ratio
22.09
Dividend Yield
2.68%
Market Cap
$233.03 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 28.60
+0.32 +1.13%
Volume: 8.97M
Oct. 18, 2021 4:03p
P/E Ratio
8.86
Dividend Yield
2.71%
Market Cap
$32.59 billion
Rev. per Employee
$1.07M
loading...
/zigman2/quotes/207599953/composite
US : U.S.: NYSE
$ 515.17
+7.32 +1.44%
Volume: 894,871
Oct. 18, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$49.47 billion
Rev. per Employee
$406,388
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