DJ Arista Networks Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Arista Networks Inc. $(ANET)$ advanced 2.69% to $87.82 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Arista Networks Inc. closed 34.25% short of its 52-week high of $133.58, which the company reached on January 24th.
The stock outperformed some of its competitors Wednesday, as Lantronix Inc. $(LTRX)$ fell 1.82% to $2.70, Silicom Ltd. $(SILC)$ fell 1.11% to $15.13, and HP Inc. $(HPQ)$ rose 0.79% to $29.52.
Trading volume (10.3 M) eclipsed its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 16:39 ET (21:39 GMT)
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