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Sept. 1, 2021, 4:55 p.m. EDT

Fortinet Inc. stock underperforms Wednesday when compared to competitors

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +0.28% shed 2.12% to $308.47 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% rising 0.03% to 4,524.09 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.14% to 35,312.53. This was the stock's second consecutive day of losses. Fortinet Inc. closed $13.43 short of its 52-week high ($321.90), which the company achieved on August 30th.

The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.04% rose 0.03% to $59.04, HP Inc. /zigman2/quotes/203461582/composite HPQ -0.33% fell 1.75% to $29.22, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -0.76% fell 0.16% to $460.30. Trading volume (1.7 M) eclipsed its 50-day average volume of 918,746.

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
$ 335.29
+0.95 +0.28%
Volume: 456,497
Oct. 22, 2021 4:00p
P/E Ratio
108.20
Dividend Yield
N/A
Market Cap
$54.76 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,544.90
-4.88 -0.11%
Volume: 1.82B
Oct. 22, 2021 5:04p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,677.02
+73.94 +0.21%
Volume: 349.08M
Oct. 22, 2021 5:04p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.11
-0.58 -1.04%
Volume: 15.03M
Oct. 22, 2021 4:00p
P/E Ratio
22.05
Dividend Yield
2.69%
Market Cap
$232.44 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 30.47
-0.10 -0.33%
Volume: 11.16M
Oct. 22, 2021 4:02p
P/E Ratio
9.44
Dividend Yield
2.54%
Market Cap
$35.12 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/207599953/composite
US : U.S.: NYSE
$ 504.13
-3.87 -0.76%
Volume: 1.10M
Oct. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$49.11 billion
Rev. per Employee
$406,388
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