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Why Fastly Stock Jumped Tuesday

TheMotleyFool

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Shares of edge computing infrastructure-as-a-service (IaaS) company Fastly (NYSE: FSLY) surged on Tuesday. The stock was up 12.6% as of 2:50 p.m. EDT.

The stock's gain extends a huge run higher since the company's earnings report last week. The stock's gain on Tuesday likely reflected continued optimism following the company's strong first quarter and a bullish day in the market for many high-growth tech stocks.

Image source: Getty Images.

Source Fool.com

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