Here's Why Fastly Stock Fell Again Today
Shares of Fastly (NYSE: FSLY) fell 10.6% on Monday, joining the rest of the stock market as it sold off on news that the coronavirus has spread in several countries outside of China. Both the S&P 500 and Dow Jones Industrials lost more than 3% of their value today, one of the worst market days in the past year.
Today's market decline is chiefly a product of this weekend's news that COVID-19, already wreaking havoc in China, has started to spread in more countries. According to reports, Japan, South Korea, Iran, and Italy all have seen the number of coronavirus cases increase sharply in the past few days.
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Source Fool.com
