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Why Fastly Stock Is Falling Today

TheMotleyFool

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Why Fastly Stock Is Falling TodayPhoto, wide shot, wide-angle lens, Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png

Shares of Fastly (NYSE: FSLY) were sliding today as investors continued to be concerned about the likelihood that the Federal Reserve will raise interest rates throughout 2022.

The tech stock was down by 4.9% as of 11:16 a.m. ET.

The Fed has a two-day policy meeting starting today and investors are eager to find out any new information about what it will do about interest rates this year. The Fed is expected to raise interest rates as early as March.

Source Fool.com

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