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Shares of Arista Networks Inc. (ANET) slid 2.85% to $129.04 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.44% to 3,941.26 and Dow Jones Industrial Average falling 1.03% to 33,596.34. This was the stock's third consecutive day of losses. Arista Networks Inc. closed $19.53 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 1.82% to $4.86, Silicom Ltd. (SILC) fell 4.04% to $44.11, and HP Inc. (HPQ) fell 3.08% to $28.31. Trading volume (2.1 M) remained 259,045 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2022.
(END) Dow Jones Newswires
December 06, 2022 16:39 ET (21:39 GMT)
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