Why Arista Networks Rose 19.2% in October
Shares of Arista Networks (NYSE: ANET) rose 19.2% in October, according to data from S&P Global Market Intelligence.
The company didn't report earnings until November, which proved to be another catalyst. Instead, Arista rose in October on higher sentiment for the tech sector after inflation fears dogged technology stocks in September.
More specifically, a big announcement from a key Arista customer underpinned last month's rise.
Source Fool.com
