Fortinet Inc. Stock Falls 5.3%, Underperforms Market
Dow Jones2026/09/01 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Fortinet Inc. shed 5.3% to $161.85 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,631.47 and Dow Jones Industrial Average falling 0.8% to 52,766.88.
Fortinet Inc. closed 6.9% below its 52-week high of $173.89, which the company achieved on August 27th.
The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. fell 0.7% to $109.74, CrowdStrike Holdings Inc. Cl A fell 6.9% to $215.07, and Palo Alto Networks Inc. fell 5.24% to $362.09.
Trading volume totaled 5.1 million, compared to the 50-day average of 5.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 01, 2026 16:34 ET (20:34 GMT)
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