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Shares of Arista Networks Inc. (ANET) rose 3.30% to $126.98 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. The stock's rise snapped a three-day losing streak. Arista Networks Inc. closed $21.59 short of its 52-week high ($148.57), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 8.23% to $242.98, Cisco Systems Inc. (CSCO) rose 3.99% to $45.66, and HP Inc. (HPQ) rose 5.40% to $29.30. Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 16:37 ET (21:37 GMT)
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