Fortinet Inc. Stock Slips 3.9%, Underperforms Market

Dow Jones

Aug 29

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

Shares of Fortinet Inc. slid 3.9% to $166.00 on what proved to be an all-around dismal trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.

The stock's fall snapped a three-day winning streak.

Fortinet Inc. closed 4.5% short of its 52-week high of $173.89, which the company reached on August 27th.

The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. fell 2.0% to $109.93, CrowdStrike Holdings Inc. Cl A fell 4.2% to $218.40, and Palo Alto Networks Inc. fell 2.94% to $371.59.

Trading volume totaled 4.9 million, compared to the 50-day average of 5.5 million.

Data source: Dow Jones Market Data, FactSet

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Cl A fell 4.2% to $218.40, and Palo Alto Networks Inc. fell 2.94% to $371.59. \n</p>\n<p>\n     Trading volume totaled 4.9 million, compared to the 50-day average of 5.5 million. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fortinet Inc. 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Stock Slips 3.9%, Underperforms Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-29 04:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  This article was automatically generated by Dow Jones using technology from Automated Insights. \n</p>\n<p>\n     Shares of Fortinet Inc. slid 3.9% to $166.00 on what proved to be an all-around dismal trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&amp;P 500 Index falling 0.2% to 7,711.76. \n</p>\n<p>\n     The stock's fall snapped a three-day winning streak. \n</p>\n<p>\n     Fortinet Inc. closed 4.5% short of its 52-week high of $173.89, which the company reached on August 27th. \n</p>\n<p>\n     The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. fell 2.0% to $109.93, CrowdStrike Holdings Inc. 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Cl A fell 4.2% to $218.40, and Palo Alto Networks Inc. fell 2.94% to $371.59. \n\n\n     Trading volume totaled 4.9 million, compared to the 50-day average of 5.5 million. \n\n\n  Data source: Dow Jones Market Data, FactSet","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}