Arista Networks' (ANET) stock was hammered by its recent earnings because guidance for the fourth quarter was well below estimates. In fact, the company guided Q4 for $550M while analysts had it pegged at $686.5M. That's a 20% drop in expectations, and the stock nearly matched that drop - going from $244 a share to $190 a share, now two weeks removed from its report.
(Source: dynamiccio.com)
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