Arista Networks Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Arista Networks Inc. (ANET) stock rose 1.85% to $124.62 on Thursday, despite underperforming compared to some competitors. The S&P 500 Index rose 0.79% and the Dow Jones Industrial Average rose 0.14%. Arista's stock is 24.45% below its 52-week high. Competitors Lantronix Inc. (LTRX) rose 2.81%, Silicom Ltd. (SILC) fell 1.82%, and HP Inc. (HPQ) fell 4.01%. Trading volume was 5.4 million, below the 50-day average of 8.2 million.
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