Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why Fastly Is Falling Even More on Friday

The stock market was in a positive mood Friday with the major U.S. indexes up fractionally as of mid-afternoon. But that didn't stop edge-computing platform operator Fastly (NYSE: FSLY) from getting crushed for a second consecutive day. After shedding 27% of its value on Thursday, Fastly was down by another 5.5% as of 2 p.m. EDT.

Image source: Getty Images.

There was no new company-specific news about Fastly Friday -- the day's decline appears to be simply a continuation of Thursday's selling, which was fueled by a disappointing preliminary third-quarter report.

Continue reading


Try our new sharewise academy

Learn everything about the market

Like: 0