Is This Top Cybersecurity Stock Now Dead Money?
Fortinet appears to be going through growing pains, but that may be the wrong way to look at the situation.Shares of Fortinet (FTNT 0.09%) once again gave back recent gains as investors digested another muted outlook from the cybersecurity company's management team. After several years of accelerated growth due to pandemic lockdowns and organizations upgrading their IT infrastructure as a result, Fortinet's historically hardware-based business is going through a cyclical downturn.Ultimately, this has led to ...