Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +0.28% shed 1.91% to $314.08 Tuesday, 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 -0.11% falling 0.34% to 4,520.03 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.76% to 35,100.00. The stock's fall snapped a two-day winning streak. Fortinet Inc. closed $7.82 short of its 52-week high ($321.90), which the company achieved on August 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.04% fell 0.91% to $58.88, HP Inc. /zigman2/quotes/203461582/composite HPQ -0.33% fell 3.43% to $28.65, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -0.76% fell 1.19% to $462.64. Trading volume (809,238) remained 122,957 below its 50-day average volume of 932,195.