Fortinet Inc. Stock Slips 3.9%, Underperforms Market

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

(END) Dow Jones Newswires

August 28, 2026 16:35 ET (20:35 GMT)