Why Shares of Fastly Are Rising Today

Fastly's (NYSE: FSLY) stock moved higher today as investors searched for companies that have the potential to grow during an economic downturn. The company's stock was up by as much as 8.7% in afternoon trading.

As of 2:46 p.m. EDT, Fastly's stock had risen 4.7%.

Fastly's shares rose once again today as investors viewed the growing company as a good long-term bet during the pandemic. Fastly is an edge cloud-computing and content-delivery network company that helps other companies speed up their websites, apps, and online services. 

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Source Fool.com