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Why Fastly, Teladoc, and Lemonade Stock Jumped Higher on Monday


Shares of cloud-computing company Fastly (NYSE: FSLY), telehealth specialist Teladoc Health (NYSE: TDOC), and innovative insurer Lemonade (NYSE: LMND) all surged higher on Monday. As of 3 p.m. EDT, the three stocks were up 3.8%, 2.8%, and 3%, respectively.

The share-price moves were likely due to broader market momentum for tech stocks -- particularly growth tech stocks like these three names.

Image source: Getty Images.

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Source Fool.com

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