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Why Fastly Stock Edged Higher on Tuesday


Shares of Fastly (NYSE: FSLY) rose as much as 2.6% on Tuesday. As of 11 a.m. EDT, the stock was up about 2.5%. The stock's gain outpaced the market's move higher.

The edge computing company's stock was likely up for two main reasons: an upbeat day in the market for many growth stocks and news that Fastly is making available its next-generation web application firewall in Amazon's (NASDAQ: AMZN) Amazon Web Services marketplace.

Image source: Getty Images.

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Source Fool.com

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