Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Fastly Stock Is Falling Today


Shares of the content delivery network company Fastly (NYSE: FSLY) were falling Wednesday despite an apparent lack of company-related news. But the technology company may simply be following in the wake of the broader tech industry sector; the Nasdaq-100 Technology Sector index also slid Wednesday. 

Fastly's share price was down by 4.3% as of 3:33 p.m. EDT, while the tech index was off by 0.6%. 

Many technology stocks have tumbled since the beginning of this year, as traders fled a sector that they had piled into during 2020.

Continue reading


Source Fool.com

Like: 0
Share

Comments