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Shares of Arista Networks Inc. (ANET) slipped 1.48% to $130.69 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's fall snapped a four-day winning streak. Arista Networks Inc. closed $17.88 below its 52-week high ($148.57), which the company achieved on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.18% to $241.73, Cisco Systems Inc. (CSCO) fell 1.14% to $44.39, and HP Inc. (HPQ) fell 4.16% to $29.29. Trading volume (1.5 M) remained 1.0 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:37 ET (21:37 GMT)
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