Why Fastly Stock Rocketed Higher Today
Shares of Fastly (NYSE: FSLY), an edge-computing specialist, rose rapidly today after the company reported first-quarter sales and earnings that outpaced Wall Street's consensus estimates. A handful of analysts raised their price targets for Fastly stock as a result, boosting investor sentiment further.Shares were up by 23.5% as of 1:50 p.m. ET on Thursday.Image source: Getty Images.Continue reading
Shares of Fastly (NYSE: FSLY), an edge-computing specialist, rose rapidly today after the company reported first-quarter sales and earnings that outpaced Wall Street's consensus estimates. A handful of analysts raised their price targets for Fastly stock as a result, boosting investor sentiment further.
Shares were up by 23.5% as of 1:50 p.m. ET on Thursday.
Image source: Getty Images.
