Arista Networks Inc. Stock Underperforms Friday When Compared To Competitors

Terex Corp

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TEX Terex Corp

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Industrials : Machinery | Small Cap Blend

Company profile

Terex Corporation designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals, and materials management applications. The Company segments include Aerial Work Platforms (AWP) and Materials Processing (MP). AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. Its products include portable material lifts, portable aerial work platforms, self-propelled articulating and telescopic booms, scissor lifts, and replacement parts. MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, concrete mixer trucks and concrete pavers, conveyors, environmental and recycling solutions, and their related components and replacement parts.

Arista Networks Inc. Stock Underperforms Friday When Compared To Competitors

4:39 pm ET December 2, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Arista Networks Inc. (ANET) shed 3.39% to $135.04 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. The stock's fall snapped a three-day winning streak. Arista Networks Inc. closed $13.53 below its 52-week high ($148.57), which the company reached on December 27th.

The stock underperformed when compared to some of its competitors Friday, as Lantronix Inc. (LTRX) rose 3.04% to $5.09, Silicom Ltd. (SILC) rose 0.13% to $46.19, and HP Inc. (HPQ) fell 0.74% to $29.64. Trading volume (2.0 M) remained 328,421 below its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.

(END) Dow Jones Newswires

December 02, 2022 16:39 ET (21:39 GMT)