DJ Arista Networks Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Arista Networks Inc. $(ANET)$ rallied 1.06% to $381.71 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of gains.
Arista Networks Inc. closed $50.26 below its 52-week high ($431.97), which the company achieved on November 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lantronix Inc. $(LTRX)$ rose 5.84% to $2.90, Silicom Ltd. $(SILC)$ rose 3.43% to $14.48, and HP Inc. $(HPQ)$ fell 0.52% to $36.68.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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November 20, 2024 16:41 ET (21:41 GMT)
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