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Why Arista Networks Stock Fell Today

TheMotleyFool

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Shares of Arista Networks (NYSE: ANET) fell on Monday, pulled down by a red day on the stock market. It seems investors quickly forgot all about the upbeat news the company had on Friday. As a result, the stock fell 6% for the day.

On Thursday, Arista Networks reported full-year 2020 results that showed a return to growth. Full-year revenue was down almost 4% year over year, and its profit was down sharply. But fourth-quarter results reversed declines from earlier in the year. Q4 revenue was up 7% from the fourth quarter of 2019.

Image source: Getty Images.

Source Fool.com

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