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Shares of Arista Networks Inc. (ANET) slipped 1.77% to $126.76 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. This was the stock's fourth consecutive day of losses. Arista Networks Inc. closed $21.81 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 Wednesday, as Lantronix Inc. (LTRX) fell 4.53% to $4.64, Silicom Ltd. (SILC) rose 0.78% to $44.45, and HP Inc. (HPQ) fell 1.70% to $27.83. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.
(END) Dow Jones Newswires
December 07, 2022 16:38 ET (21:38 GMT)
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