Arista Networks (ANET) stock is retreating Wednesday morning despite the company topping fourth quarter estimates and providing first quarter revenue guidance above expectations. The negative market reaction stems from concerns about customer concentration, as the company reported a 17% revenue hit from Meta Platforms (META), one of its largest clients.

Catalysts hosts Madison Mills and Alexandra Canal analyze the implications of Arista's earnings report and the market's response to its dependence on major tech customers.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Angel Smith