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Why Fastly Stock Climbed 12% in January


Shares of Fastly (NYSE: FSLY) gained 12.2% in value last month, according to data provided by S&P Global Market Intelligence, after a Wall Street analyst released a bullish report on the stock at the beginning of January. 

The stock is down 5% since its initial public offering last year, but with the edge cloud platform provider continuing to report robust revenue growth, investors are clearly upbeat about what's to come in 2020.

Image source: Getty Images.

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Source Fool.com

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