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Why Fastly Stock Is Climbing Today

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) climbed early in Monday's trading. The company's stock price was up roughly 2% as of 10:30 a.m. EDT today, according to data from S&P Global Market Intelligence.

There doesn't appear to be any business-specific news behind the gains, but investors are warming back up to growth-dependent technology stocks, and Fastly is benefiting from the momentum. The tech-heavy Nasdaq Composite index is up roughly 0.7% today as of this writing and has set a new record intraday high.

Image source: Getty Images.

Source Fool.com

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