DJ Arista Networks Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Arista Networks Inc. $(ANET)$ slipped 4.93% to $98.30 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's third consecutive day of losses.
Arista Networks Inc. closed 26.41% 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 Friday, as Lantronix Inc. $(LTRX)$ fell 4.59% to $2.91, Silicom Ltd. $(SILC)$ fell 0.12% to $16.60, and HP Inc. $(HPQ)$ fell 0.26% to $34.63.
Trading volume (13.7 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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February 21, 2025 16:37 ET (21:37 GMT)
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