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Why Fastly Stock Climbed Today


Shares of Fastly (NYSE: FSLY) climbed today by as much as 8% despite a widespread service outage that temporarily took down broad swaths of the internet. The disruption occurred early on Tuesday morning, causing Fastly stock to dip by as much as 7% in  pre-market trading, before the technology company was able to address the issue. Shares remain volatile and were up just 3% as of 11:30 a.m. EST.

We identified a service configuration that triggered disruptions across our POPs globally and have disabled that configuration. Our global network is coming back online. Continued status is available at https://t.co/RIQWX0LWwl

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Source Fool.com

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