Shares of Arista Networks Inc. ANET slipped 4.93% to $98.30 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.71% to 6,013.13 and Dow Jones Industrial Average DJIA falling 1.69% to 43,428.02.

Key Takeaways Arista Networks shares dropped Wednesday amid some concerns about the company's sales to a key customer.However, several analysts said they're still bullish on the stock, anticipating a boost from demand for AI.

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.