Earnings Results: Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate

Daily Trade

Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates.

Arista ANET shares fell 7% after hours, following a flat day in the regular session to close at $160.16.

On…