Arista Networks Inc. Stock Slides 5.0%, Underperforms Peers

Dow Jones10-16

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Arista Networks Inc. slipped 5.0% to $185.58 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,744.06 and the Dow Jones Industrial Average rising 1.1% to 52,177.69.

This was the stock's fourth consecutive day of losses.

Arista Networks Inc. closed 14.6% below its 52-week high of $217.41, which the company reached on October 9th.

The stock underperformed when compared to some of its peers, as Lantronix Inc. fell 0.9% to $5.85, Silicom Ltd. fell 5.0% to $43.59, and HP Inc. rose 1.28% to $30.85.

Trading volume totaled 10.3 million, compared to the 50-day average of 5.7 million.

Data source: Dow Jones Market Data, FactSet

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