Working Without ANET

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It’s another daytime of lifetime highs in the world of equities. It seems that a “just right” jobs report was the gasoline the fire needed, so records are falling all over the place.

A couple of notable exceptions this morning were both from tech companies. The first is Pinterest, which has lost about 50% from its recent peak.

PINDOWN

The other is Arista Networks, which has made a handful of extremely happy put option holders this morning.

ANETD