DJ Arista Networks Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Arista Networks Inc. $(ANET)$ rose 3.70% to $116.53 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's second consecutive day of gains.
Arista Networks Inc. hit a new 52-week high, surpassing its previous peak of $112.77, which the company achieved on December 13th.
The stock outperformed some of its competitors Monday, as Lantronix Inc. $(LTRX)$ fell 1.16% to $3.40, Silicom Ltd. $(SILC)$ rose 0.93% to $15.23, and HP Inc. $(HPQ)$ fell 1.04% to $34.19.
Trading volume (10.0 M) eclipsed its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:40 ET (21:40 GMT)
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