This was the stock's third consecutive day of losses.

Arista Networks posted positive numbers that beat Wall Street's targets. Despite this, one of Arista's most important accounts shrunk, raising concerns about future growth. Arista, maker of high-performance networking solutions for data centers,

Shares of Arista Networks Inc. slipped 6.43% to $103.92 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.

Arista Networks reported strong FY24 revenue of $7 billion, surpassing guidance, and is projected to grow 17% in FY25. Learn more about ANET stock here.