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Why Arista Networks Stock Is Soaring Today

TheMotleyFool

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Why Arista Networks Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/856516/gettyimages-1292531161-1.jpg

Arista Networks (NYSE: ANET) stock is making big gains in Friday's trading. The networking-technology company's share price was up 5.4% as of 3 p.m. and had been up by as much as 10.1% earlier in trading.

Arista Networks' valuation is moving higher thanks to the company's strong fourth-quarter report. The stock is also getting a boost from the latest round of inflation data.

Image source: Getty Images.

Source Fool.com

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