Why Fastly Stock Climbed 12% in January
Shares of Fastly (NYSE: FSLY) gained 12.2% in value last month, according to data provided by S&P Global Market Intelligence, after a Wall Street analyst released a bullish report on the stock at the beginning of January.
The stock is down 5% since its initial public offering last year, but with the edge cloud platform provider continuing to report robust revenue growth, investors are clearly upbeat about what's to come in 2020.
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Source Fool.com