Fortinet (FTNT) Falls 11% in 6 Months: Should You Hold or Fold?
FTNTFortinet(FTNT) ZACKS·2024-07-30 23:16

Fortinet (FTNT) , a leading cybersecurity company, has experienced a significant downturn in its stock price over the past six months, losing approximately 11% and underperforming the Zacks Computer and Technology sector’s return of 15.4%. This decline has left investors questioning whether to maintain their positions or consider selling their shares. To understand the situation, it's crucial to examine the factors contributing to this decline and evaluate the company's prospects.The cybersecurity industry ...