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Arista Networks Inc. stock rises Wednesday, still underperforms market
Shares of Arista Networks Inc. ANET, -0.56% inched 0.82% higher to $267.05 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.09% rising 0.82% to 4,995.06 and the Dow Jones Industrial Average DJIA, +0.33% rising 0.40% to 38,677.36.
The stock’s rise snapped a two-day losing streak. Arista Networks Inc. closed $9.94 below its 52-week high ($276.99), which the company reached on February 2nd.
The stock outperformed some of its competitors Wednesday, as Lantronix Inc. LTRX, +1.02% fell 1.69% to $5.83, Silicom Ltd. SILC, +3.11% fell 4.13% to $15.77, and HP Inc. HPQ, +0.95% fell 1.20% to $27.95.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.7 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
