June 24, 2024
Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate

Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate

Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates.

Arista ANET shares fell 7% after hours, following a flat day in the regular session to close at $160.16.

On…

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