Arista Networks Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Arista Networks Inc. (ANET) inched 0.01% higher to $133.71 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. The stock's rise snapped a two-day losing streak. Arista Networks Inc. closed $14.86 below its 52-week high ($148.57), which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Lantronix Inc. (LTRX) fell 1.37% to $5.05, Silicom Ltd. (SILC) rose 0.27% to $43.83, and HP Inc. (HPQ) fell 1.13% to $28.88. Trading volume (1.1 M) remained 1.2 million below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 16:38 ET (21:38 GMT)
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