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

·2 min read
Why Fastly, Teladoc, and Lemonade Stock Jumped Higher on Monday
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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. The share-price moves were likely due to broader market momentum for tech stocks -- particularly growth tech stocks like these three names. Finally, many growth tech stocks were up several percentage points or more.