Shares of Fastly (NYSE: FSLY) jumped 15% on Tuesday as acquisition rumors intensified.
Chatter is swirling that Cisco Systems (NASDAQ: CSCO) is interested in beefing up its edge-computing capabilities. To do so, the tech heavyweight reportedly is considering an acquisition of Fastly.
Fastly's stock popped on Tuesday as investors grew excited about the possibility of a merger with Cisco. Image source: Getty Images.
Source Fool.com