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Why Fastly Stock Lost 26% in May

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) fell 26% last month, according to data from S&P Global Market Intelligence. The slide came as the edge computing specialist offered disappointing guidance in its first-quarter earnings report. As you can see from the chart below, the stock fell sharply on May 6, losing 27% in a single session.