Shares are up about 5% after-hours with this news, for those still holding shares.
https://seekingalpha.com/news/3385450-arista-plus-5_1-percen…
-volfan84
long ANET
5 Likes
I sold on the rise, but could go back in, depending on what happens next. I figured that the bump was somewhat artificial and might not last.
Arista is really going to join the S&P 500 on 8/28:
http://news.morningstar.com/all/dow-jones/market-digest/2018…
It’s replacing GGP, which is becoming part of Brookfield Property Partners.
ANET was about 1.5% of my total holdings, and over an 8-month period I made over 45% annualized.