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Sept. 8, 2021, 4:55 p.m. EDT

Fortinet Inc. stock falls Wednesday, underperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -1.01% shed 1.55% to $309.20 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.47% falling 0.13% to 4,514.07 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.18% falling 0.20% to 35,031.07. This was the stock's second consecutive day of losses. Fortinet Inc. closed $12.80 below its 52-week high ($322.00), which the company achieved on September 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.05% fell 0.34% to $58.68, HP Inc. /zigman2/quotes/203461582/composite HPQ +0.53% fell 1.61% to $28.19, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -1.26% rose 0.67% to $465.73. Trading volume (1.1 M) eclipsed its 50-day average volume of 933,270.

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
$ 331.91
-3.38 -1.01%
Volume: 994,105
Oct. 25, 2021 4:00p
P/E Ratio
107.11
Dividend Yield
N/A
Market Cap
$54.76 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,566.48
+21.58 +0.47%
Volume: 1.85B
Oct. 25, 2021 5:26p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,741.15
+64.13 +0.18%
Volume: 270.41M
Oct. 25, 2021 5:26p
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.14
+0.03 +0.05%
Volume: 10.22M
Oct. 25, 2021 4:00p
P/E Ratio
22.07
Dividend Yield
2.68%
Market Cap
$232.44 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 30.63
+0.16 +0.53%
Volume: 7.64M
Oct. 25, 2021 4:03p
P/E Ratio
9.49
Dividend Yield
2.53%
Market Cap
$35.12 billion
Rev. per Employee
$1.07M
loading...
/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 497.77
-6.36 -1.26%
Volume: 1.17M
Oct. 25, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$49.11 billion
Rev. per Employee
$484,742
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