Arista Sets an All-Time High

Happy Halloween

Happy Halloween! The major indices and every sector finished the month on a green note.

New 52-Week Lows edged New Highs — 77 vs. 15.

*28 of the 77 New Lows closed above their opening print.

The Worst of the Worst

Sarepta Therapeutics ($SRPT) is the Worst of the Worst. The biotech tumbled -37.47% as data from its Duchenne muscular dystrophy (DMD) Phase 3 trial failed to meet its primary endpoint. Read the press release here.

$SRPT closed 22% above its intraday low, but settled at its lowest price since June 2022.

Here’s the weak weekly chart.

The Best of the Best

Arista Networks ($ANET) is the Best of the Best. The cloud network provider accelerated 14.03% and closed at an all-time high.

$ANET advanced after it beat Q3 earnings estimates and raised guidance. Jayshree Ullal, President and CEO of Arista Networks commented,

“Arista once again delivered strong financial results in the third quarter. Customer momentum remained strong in both enterprise and cloud/AI sectors.”

Here’s the monster monthly chart.

Enjoying Popularity + Price?

Reply

or to participate.