Here's Why Fastly (FSLY) Fell More Than Broader Market
FSLYFastly(FSLY) Zacks Investment Research·2024-03-23 07:21

Fastly (FSLY) closed at $12.75 in the latest trading session, marking a -0.93% move from the prior day. This move lagged the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%. The cloud software developer's shares have seen a decrease of 12.15% over the last month, not keeping up with the Computer and Technology sector's gain of 6.81% and the S&P 500's gain of 5.34%. The investment community will be closely monitoring the performance of Fastly in i ...