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Why Fastly Stock Jumped Monday


Shares of Fastly (NYSE: FSLY), a provider of an edge computing platform, soared on Monday, rising 9% by 3:45 p.m. EDT.

The stock's move higher was likely driven by overall bullishness in the market on Monday for growth stocks like Fastly. In addition, some investors may think a pullback in the tech company's stock last week went too far, creating a buying opportunity.

Image source: Getty Images.

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Source Fool.com

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