I’m a young amateur investor and I have holdings in ANET. I was looking out for their earnings today at 4:30, and they announced [great results](https://www.investors.com/news/technology/anet-stock-arista-earnings-q42023/). I’m confused because the stock is down 7% after hours.
I thought that earnings that beat expectations led to the stock trading higher? I’m planning to hold ANET long, but I’m really curious about the market mechanics behind a move like this.
