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Business News: Arista slumps 9 percent on concern that big tech companies may be moving some business elsewhere

Arista shares fell more than 9 percent on Friday after an industry research firm issued a report suggesting that big customers like Microsoft could be moving some business to lesser-known companies. Cleveland Research's Ben Bolin downgraded Arista to "neutral" from "buy" and said there's been "some shift" from Arista to so-called white-box switches at companies…


Source:www.cnbc.com


Posted: 2018-04-13 20:02:00

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