Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Arista Networks Stock Plummeted Today

TheMotleyFool

0 0

Why Arista Networks Stock Plummeted TodayPhoto, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/da273d82-9e59-413a-99b3-2b0094ff0854.png

Arista Networks (NYSE: ANET) stock tumbled on Wednesday following the company's latest quarterly report. The networking hardware and software specialist's share price ended the daily session down 13.6% and had been off as much as 17.4% earlier in trading.

Arista published its Q1 results after the market closed yesterday and actually reported sales and earnings that beat the average Wall Street analyst forecasts. Despite the beats, the stock still got hit with a double-digit pullback today.

Image source: Getty Images.

Source Fool.com

Like: 0

ANET

Share