Shares of Arista Networks Inc. ANET, -3.03% slid 3.03% to $111.51 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.76% falling 0.76% to 3,898.85 and Dow Jones Industrial Average DJIA, -0.76% falling 0.76% to 33,044.56. This was the stock’s second consecutive day of losses. Arista Networks Inc. closed $32.06 short of its 52-week high ($143.57), which the company achieved on April 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Lantronix Inc. LTRX, -2.59% fell 2.59% to $4.13, Silicom Ltd. SILC, -4.22% fell 4.22% to $45.21, and HP Inc. HPQ, -2.07% fell 2.07% to $26.96. Trading volume (1.7 M) remained 343,695 below its 50-day average volume of 2.1 M.