Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +3.63% advanced 1.23% to $300.58 Tuesday, 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 +0.34% falling 0.57% to 4,443.05 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% falling 0.84% to 34,577.57. The stock's rise snapped a two-day losing streak. Fortinet Inc. closed $21.42 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 Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.11% fell 0.40% to $57.87, HP Inc. /zigman2/quotes/203461582/composite HPQ +1.13% fell 2.89% to $27.56, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +1.44% rose 1.83% to $484.83. Trading volume (1.2 M) eclipsed its 50-day average volume of 941,457.