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Why Fastly Stock Jumped Monday

TheMotleyFool

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Shares of edge computing company Fastly (NYSE: FSLY) surged on Monday, rising nearly 10% by the time the market closed.

The stock's gain adds to a huge run-up in 2020 as investors continue to cheer the company's recent strong first quarter and management's decision to lift its outlook for the full year. On Monday specifically, shares may have benefited from the company's spotlight on CNBC's Mad Money last Friday, as well as an upbeat day in the market for growth stocks overall.

Image source: Getty Images.

Source Fool.com

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