Arista Networks Inc. stock rises Thursday, still underperforms market

Shares of Arista Networks Inc. ANET, +0.19% inched 0.19% higher to $219.71 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.

This was the stock's second consecutive day of gains.

Arista Networks Inc. closed $3.81 short of its 52-week high ($223.52), which the company achieved on November 29th.

The stock underperformed when compared to some of its competitors Thursday, as Lantronix Inc. LTRX, +2.83% rose 2.83% to $5.81, Silicom Ltd. SILC, +0.37% rose 0.37% to $16.30, and HP Inc. HPQ, +0.93% rose 0.93% to $29.34.

Trading volume (2.0 M) remained 116,565 below its 50-day average volume of 2.2 M.

Editor's Note: This story was auto-generated by Automated Insights , an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.