Why Fastly Stock Was Flailing on Friday?
Sat, May 4, 2024 12:28 PM

Why Fastly Stock Was Flailing on Friday?

A Flip by Avya Verma
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Hardly for the first time in recent days, edge computing company Fastly (NYSE: FSLY) was socked with an analyst price target cut on Friday. Although this probably didn't come as an overwhelming surprise to market participants, they nevertheless didn't like it. The stock traded down by 3.5% during a session in which the S&P 500 index was well in positive territory with a 1.3% increase.

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