Arista Networks Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Arista Networks Inc. (ANET) rose 2.59% to $135.48 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's second consecutive day of gains. Arista Networks Inc. closed $13.09 short of its 52-week high ($148.57), which the company achieved on December 27th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.19% to $241.22, Cisco Systems Inc. (CSCO) rose 2.58% to $47.79, and HP Inc. (HPQ) rose 0.17% to $29.48. Trading volume (1.9 M) remained 540,715 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:37 ET (21:37 GMT)
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