DJ Arista Networks Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Arista Networks Inc. $(ANET)$ tumbled 11.09% to $71.27 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's fall snapped a two-day winning streak.
Arista Networks Inc. closed 46.64% short of its 52-week high of $133.58, which the company achieved on January 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Lantronix Inc. $(LTRX)$ fell 12.40% to $2.16, Silicom Ltd. $(SILC)$ fell 4.45% to $13.97, and HP Inc. $(HPQ)$ fell 14.71% to $23.78.
Trading volume (19.5 M) eclipsed its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 16:37 ET (20:37 GMT)
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