Fortinet Inc. Stock Sheds 7.3%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Fortinet Inc. slid 7.3% to $126.21 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 51,983.98 and the S&P 500 Index falling 0.5% to 7,541.40.

This was the stock's fourth consecutive day of losses.

Fortinet Inc. closed 36.0% below its 52-week high of $197.13, which the company reached on October 13th.

The stock underperformed when compared to some of its peers, as Cisco Systems Inc. fell 2.8% to $101.61, CrowdStrike Holdings Inc. Cl A fell 3.4% to $241.81, and Palo Alto Networks Inc. fell 3.87% to $351.72.

Trading volume totaled 11.8 million, compared to the 50-day average of 4.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 02, 2026 16:34 ET (21:34 GMT)