Arista Networks Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Arista Networks Inc. (ANET) rose 1.11% to $132.65 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. This was the stock's fourth consecutive day of gains. Arista Networks Inc. closed $15.92 below its 52-week high ($148.57), which the company reached on December 27th.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 0.17% to $241.97, Cisco Systems Inc. (CSCO) rose 0.36% to $44.90, and HP Inc. (HPQ) rose 0.43% to $30.56. Trading volume (2.4 M) remained 40,992 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:36 ET (21:36 GMT)
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