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Why Fastly Stock Surged Today

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) jumped 15% on Tuesday as acquisition rumors intensified.

Chatter is swirling that Cisco Systems (NASDAQ: CSCO) is interested in beefing up its edge-computing capabilities. To do so, the tech heavyweight reportedly is considering an acquisition of Fastly.

Fastly's stock popped on Tuesday as investors grew excited about the possibility of a merger with Cisco. Image source: Getty Images.

Source Fool.com

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