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Why Fastly Stock Fell Today

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) fell today after an analyst at Raymond James downgraded the tech stock to market perform from outperform.

The company's stock was down by 6.1% as of 12:58 p.m. EDT.

Raymond James analyst Robert Majek said that some demand for the company's services could be flat after the first quarter, and management could issue conservative second-quarter guidance when it reports earnings next week.

Source Fool.com

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