Here's Why Fastly Is Plunging by Another 30% Today
The stock market was having a generally negative day on Thursday, with all three major averages down by more than 1% at 10 a.m. ET. However, edge computing company Fastly (NYSE: FSLY) was having an awful day, with shares down by 30% to a new 52-week low.
As you might expect, the plunge is related to Fastly's fourth-quarter earnings report, which was released on Wednesday afternoon.
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Source Fool.com
