Arista Networks Inc. Stock Rises Monday, Outperforms Market
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Shares of Arista Networks Inc. (ANET) rose 2.06% to $131.20 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's third consecutive day of gains. Arista Networks Inc. closed $17.37 short of its 52-week high ($148.57), which the company reached on December 27th.
The stock outperformed some of its competitors Monday, as Microsoft Corp. (MSFT) fell 2.25% to $241.55, Cisco Systems Inc. (CSCO) fell 0.11% to $44.74, and HP Inc. (HPQ) fell 0.39% to $30.43. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 16:37 ET (21:37 GMT)
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