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Why Fastly Stock Plunged Today


Shares of Fastly (NYSE: FSLY) were tumbling today as the edge-computing specialist came up slightly short of estimates in its first-quarter earnings report, and indicated that revenue growth would be flat on a sequential basis in the second quarter. News that the company's CFO would be leaving also seemed to spook investors.

As of 1:05 p.m. EDT on Thursday, the stock was down 25.6%.

Image source: Fastly.

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Source Fool.com

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