Why Fastly Stock Jumped Thursday, Soaring Past $100
Shares of edge computing specialist Fastly (NYSE: FSLY) jumped on Thursday, rising to a new all-time high above $100. The stock rose nearly 7% as of 3:10 EDT.
The stock's move higher was likely primarily fueled by momentum. The gain builds on the stock's big climb in recent months and bullishness in the market for growth stocks (like Fastly) overall.
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Source Fool.com