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Why Fastly Stock Jumped Today

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) leapt 11.7% on Thursday, as the edge cloud platform recovered some of its recent losses.

Despite posting solid second-quarter results -- which included a 62% year-over-year surge in revenue, to $75 million -- Fastly's stock sold off following its financial release on Aug. 5. Prior to today, its shares had fallen more than 30% from their closing high on Aug. 4.

Fastly's stock rallied on Thursday. Image source: Getty Images.

Source Fool.com

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