DJ Arista Networks Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Arista Networks Inc. $(ANET)$ rose 3.43% to $112.81 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Arista Networks Inc. closed $4.13 short of its 52-week high ($116.94), which the company achieved on December 16th.
The stock outperformed some of its competitors Friday, as Lantronix Inc. $(LTRX)$ rose 1.39% to $3.64, Silicom Ltd. $(SILC)$ rose 1.20% to $15.13, and HP Inc. $(HPQ)$ rose 1.48% to $32.94.
Trading volume (10.4 M) eclipsed its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:39 ET (21:39 GMT)
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