IPO Stock Watch: Arista Networks Leads IPO Calendar

By | May 30, 2014

Scalper1 News

Arista Networks is the largest of three initial public offerings set to launch the week of June 2. Arista provides cloud-based switching technology that helps handle traffic at Internet data centers for companies like Yahoo (YHOO) and Facebook (FB). The Santa Clara, Calif.-based company plans to offer 5.3 million shares at 36 to 40 each, giving it a market cap near $2.6 billion. The IPO is expected to start trading June 6. Arista reported revenue Scalper1 News

Scalper1 News