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Why Fastly Stock Plunged Today

TheMotleyFool

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Shares of Fastly (NYSE: FSLY) fell 17.7% on Thursday following the edge cloud computing platform's second-quarter earnings results.

Fastly's revenue surged 62% year over year to $75 million, fueled by new customer additions and higher sales to existing clients. That was above Wall Street's expectations for revenue of $71.4 million.

Fastly's stock sold off sharply on Thursday despite the company's solid Q2 growth metrics. Image source: Getty Images.

Source Fool.com

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