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Shares of Arista Networks Inc. (ANET) inched 0.34% higher to $139.78 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. This was the stock's third consecutive day of gains. Arista Networks Inc. closed $8.79 short of 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 Thursday, as Lantronix Inc. (LTRX) fell 3.52% to $4.94, Silicom Ltd. (SILC) rose 0.99% to $46.13, and HP Inc. (HPQ) fell 0.60% to $29.86. Trading volume (1.6 M) remained 704,759 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 16:38 ET (21:38 GMT)
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