Fastly Rallies as a Behind-the-Scenes Enabler of Media Consumption [Yahoo! Finance News]
Fastly, Inc. Class A (FSLY)
Last fastly, inc. class a earnings: 2/20 04:05 pm
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Source: Yahoo! Finance News
) -- America’s obsession with the internet is paying dividends to the companies that power websites for everything from shopping to social media.One of the biggest winners has been Fastly Inc., which has added nearly $6 billion in market value in less than two months, outpacing hot e-commerce stocks like Overstock.com Inc., Wayfair Inc. and Etsy Inc. since the end of April. The stock has gained nearly 250% in that time, making it the best performer among 43 companies in the S&P Internet Select Industry Index.The content delivery network has become something of a software darling since it posted an outsize earnings beat in early May and boosted its 2020 sales guidance on increased internet traffic as a result of stay-at-home measures. The shares tripling since then suggests the demand has been even greater than expected, according to D.A. Davidson analyst Rishi Jaluria.“Consider who Fastly’s customers are and how well they are doing in this environment,” Jaluria said in an interview. “
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News
- Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now [Yahoo! Finance]Yahoo! Finance
- Following a 17% decline over last year, recent gains may please Fastly, Inc. (NYSE:FSLY) institutional owners [Yahoo! Finance]Yahoo! Finance
- Fastly, Inc. (NYSE: FSLY) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $16.00 price target on the stock, down previously from $19.00.MarketBeat
- Fastly to Announce First Quarter 2024 Financial ResultsBusiness Wire
- Fastly (FSLY) Introduces Bot Management for Edge Security [Yahoo! Finance]Yahoo! Finance
FSLY
Earnings
- 2/14/24 - Beat
FSLY
Sec Filings
- 4/18/24 - Form 4
- 4/15/24 - Form 144
- 4/3/24 - Form 4
- FSLY's page on the SEC website