Following a huge run-up in its stock price that sent shares from $21.50 at the beginning of the year to levels as high as $117.79 in early August, shares of edge computing company Fastly (NYSE: FSLY) cooled off a bit, falling to levels in the $70s just a few weeks ago.
With so much volatility, many investors are likely wondering where Fastly shares can go next. One analyst is betting the growth stock could head back to $100 over the next year, citing Fastly's potential to continue gaining market share in the fast-growing edge computing market.
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Source Fool.com