Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Fortinet Inc. Stock Falls 3.3%, Underperforms Market

Fortinet Inc. Stock Falls 3.3%, Underperforms Market

Dow JonesDow Jones2026/08/14 20:35

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

Shares of Fortinet Inc. slipped 3.3% to $160.01 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,785.76 and Dow Jones Industrial Average falling 0.2% to 53,732.41.

Fortinet Inc. closed 7.0% below its 52-week high of $172.09, which the company reached on August 5th.

The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. fell 1.6% to $111.68, CrowdStrike Holdings Inc. Cl A fell 3.8% to $216.95, and Palo Alto Networks Inc. fell 2.96% to $384.27.

Trading volume totaled 2.8 million, compared to the 50-day average of 6.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 14, 2026 16:35 ET (20:35 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

U.S. consumer confidence drops to a four-month low in September, short-term inflation expectations rise to 4.6%

As rising energy prices further exacerbate concerns about the cost of living for American households, U.S. consumer confidence continued to deteriorate in September, falling to its lowest level in four months.

智通财经•2026/09/25 14:36
U.S. consumer confidence drops to a four-month low in September, short-term inflation expectations rise to 4.6%