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Arista Networks Plunges 5.64% on Trump Tariffs, Tech Sell-Off
Generated by AI AgentAinvest Movers Radar
Friday, Apr 4, 2025 6:47 am ET1min read
On April 4, 2025,
experienced a significant drop of 5.64% in pre-market trading, reflecting broader market reactions to recent developments.The decline in Arista Networks' stock price was primarily driven by the Trump administration's announcement of new tariff policies. These tariffs have led to widespread sell-offs in the tech sector, as investors reassess the potential impact on companies like Arista Networks that rely heavily on global supply chains and international trade.
In addition to the tariff concerns, there have been notable changes in institutional holdings. PAX Financial Group LLC significantly increased its position in Arista Networks by 300.3% in the fourth quarter, indicating a mixed sentiment among investors regarding the company's future prospects.
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