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Arista Networks Trading Volume Plummets 31.52 Percent Ranking 161st Amid Nvidia's Data Center Win
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 7:56 pm ET1min read
On June 13, 2025,
(ANET) experienced a significant decline, with its trading volume dropping by 31.52% to 5.77 billion, ranking 161st in the day's stock market activity. The stock price fell by 3.57%.Arista Networks' stock price retreated following Nvidia's announcement that it has secured Meta Platforms and Google as new customers for Ethernet networking equipment in data centers. This development has raised concerns among investors about Arista's market position and potential loss of business to competitors.
Citi has maintained a Buy rating on Arista Networks with a target price of $112, indicating confidence in the company's long-term prospects despite the recent setback. The firm's analysts believe that Arista's strong product portfolio and strategic partnerships will continue to drive growth and market share gains.
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