Arista Stock Plunges Over Findings On Cisco Patents

By | September 11, 2015

Scalper1 News

Arista Networks (ANET) stock tumbled by more than 12% at one point Friday after reports surfaced that International Trade Commission staff attorneys have found the network gear maker infringed on patents taken out by rival Cisco Systems (CSCO). At the closing bell Arista stock was down 7.8% for the day at 64.46, following a 5.6% drop Thursday after reports of the findings first started to appear. The findings, which have yet to be affirmed by an Scalper1 News

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