Arista Stock Drops On Finding In Cisco Patent Case

By | September 10, 2015

Scalper1 News

Arista Networks (ANET) stock slipped Thursday on reports that International Trade Commission attorneys had determined the network gear maker infringed on three patents as part of an ongoing dispute with rival Cisco Systems (CSCO). Arista shares were down about 5% to near 70 in afternoon trade in the stock market today, while Cisco was up nearly 2% near 26. The legal wrangling between the two rivals began in December, when Cisco filed a complaint Scalper1 News

Scalper1 News