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Why Arista Networks Stock Popped Today

TheMotleyFool

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Why Arista Networks Stock Popped TodayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Shares of Arista Networks (NYSE: ANET), a cloud computing networking-solutions company, rose today after the company reported better-than-expected, third-quarter financial results and issued solid fourth-quarter guidance.

The tech stock climbed higher through much of today's trading and was up by 5.6% at the end of the day.

Arista's Q3 revenue increased 57% from the year-ago quarter to $1.17 billion, which outpaced analysts' consensus estimate of $1.06 billion.

Source Fool.com

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