Arista Networks stock slides 4% as tech selloff bites; ANET traders eye next catalyst
Arista Networks shares fell about 4% to $124.68 Wednesday, outpacing declines in the Nasdaq 100 and Cisco. The stock has swung sharply this week, after a 5.27% gain Tuesday. Arista will report fourth-quarter earnings on Feb. 17, with analysts expecting $0.72 per share. Revenue last quarter rose 27.5% to $2.308 billion.