Is Fastly Stock a Buy?
Fastly (NYSE: FSLY), a provider of cloud-based services for edge networks, went public last May. The company dazzled investors with its robust revenue growth, and its stock subsequently surged nearly eightfold from its IPO price of $16. But is Fastly still worth buying after that massive rally? Let's dig deeper into its business model, growth rates, and valuations to find out.
Websites, apps, and services are hosted on "origin" servers around the world. However, the speed of an origin server is limited by its physical proximity to a user and its overall capacity.
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Source Fool.com
