Arista Networks Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Arista Networks Inc. (ANET) rose 1.06% to $136.04 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. Arista Networks Inc. closed $12.53 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 Tuesday, as Microsoft Corp. (MSFT) rose 1.23% to $245.03, Cisco Systems Inc. (CSCO) rose 1.60% to $48.38, and HP Inc. (HPQ) rose 0.75% to $29.38. Trading volume (1.7 M) remained 814,062 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:37 ET (21:37 GMT)
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