Arista Networks Inc. stock outperforms competitors on strong trading day

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Shares of Arista Networks Inc.
ANET,
+1.08%

rose 1.08% to $128.13 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.75%

rising 0.75% to 3,963.51 and the Dow Jones Industrial Average
DJIA,
+0.55%

rising 0.55% to 33,781.48. The stock’s rise snapped a four-day losing streak. Arista Networks Inc. closed $20.44 short of its 52-week high ($148.57), which the company reached on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Lantronix Inc.
LTRX,
+0.86%

rose 0.86% to $4.68, Silicom Ltd.
SILC,
+1.69%

rose 1.69% to $45.20, and HP Inc.
HPQ,
+2.34%

rose 2.34% to $28.48. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.4 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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