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Why Fastly Stock Fell Sharply on Tuesday

·1 min read
Why Fastly Stock Fell Sharply on Tuesday

Shares of edge-computing company Fastly (NYSE: FSLY) were hit hard on Tuesday, giving up sharp gains from yesterday. The stock was likely down primarily because of a broader-market sell-off of tech stocks -- particularly growth tech stocks like Fastly. Fastly stock was down 5.5% as of 3:30 p.m. EDT.