Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +3.63% inched 0.84% higher to $304.06 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.34% falling 0.16% to 4,473.75 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% falling 0.18% to 34,751.32. This was the stock's third consecutive day of gains. Fortinet Inc. closed $17.94 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 Thursday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.11% fell 0.40% to $57.33, HP Inc. /zigman2/quotes/203461582/composite HPQ +1.13% rose 0.32% to $28.04, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +1.44% rose 1.03% to $484.88. Trading volume (664,557) remained 280,112 below its 50-day average volume of 944,669.