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Why Fastly Stock Fell Again Today

TheMotleyFool

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Shares of edge-computing specialist Fastly (NYSE: FSLY) tumbled once again today. As of 10:35 a.m. EDT on Friday, the stock was down about 7.5%.

This adds to a brutal sell-off for the growth stock that began earlier this month when the tech company said its third-quarter revenue would miss its initial guidance for the period. In addition, its third-quarter results reported earlier this week failed to excite investors. The stock's sharp drop on Friday is likely a continuation of its downward trend. In addition, a bearish day in the market for tech stocks is weighing on it.

Image source: Getty Images.

Source Fool.com

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