Why Fastly Shares Have Been Rising Sharply
Shares of cloud computing specialist Fastly (NYSE: FSLY) have been rising sharply over the past two trading days. Including the stock's 15% gain so far this week, the stock has soared an impressive 83% during the second half of August.
While some of the gains this month have been partly fueled by analyst optimism for the stock following an initial post-earnings sell-off, there are likely some technical factors driving more recent volatility.
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Source Fool.com
