Arista Networks Inc. Stock Sheds 5.7%, Underperforms Competitors

Dow Jones
02-25

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

Shares of Arista Networks Inc. slipped 5.7% to $92.69 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 43,461.21 and the S&P 500 Index falling 0.5% to 5,983.25.

This was the stock's fourth consecutive day of losses.

Arista Networks Inc. closed 30.6% below its 52-week high of $133.58, which the company reached on January 24th.

The stock underperformed when compared to some of its competitors, as Lantronix Inc. fell 1.7% to $2.86, Silicom Ltd. rose 1.3% to $16.81, and HP Inc. rose 0.12% to $34.67.

Trading volume totaled 23.3 million, compared to the 50-day average of 8.7 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 24, 2025 16:34 ET (21:34 GMT)

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