Here's Why Fastly's Stock Is Rising Today
Shares of Fastly (NYSE: FSLY) were rising this morning as some investors were tempted to come back to technology stocks following three months of the sector getting pummeled.
The tech stock was up by as much as 7% this morning and had gained 4.9% as of 11 a.m. EDT.
There wasn't any company-specific news causing Fastly's stock to jump this morning. Instead, investors were likely reacting to the fact that Fastly's stock is down about 20% year to date, making the stock look like a good buying opportunity.
Source Fool.com
