19.50 -0.52 (-2.60%)
After hours: 7:02PM EDT
|Bid||20.42 x 1300|
|Ask||20.35 x 800|
|Day's Range||19.52 - 20.75|
|52 Week Range||14.12 - 35.25|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.33|
Fastly’s Altitude brings together industry thought leaders, innovative customers and in-house technical experts to highlight the possibilities unfolding at the edge of the internet. Fastly, Inc. (FSLY), provider of an edge cloud platform, will host its bi-annual, invite-only flagship customer conference, Altitude, on November 12-13, 2019, in New York City. This year’s theme, “The Future of the Web Will be Built at the Edge,” welcomes influential edge computing pioneers to the stage, including current Fastly customers Solomon from Wealthfront, Shawn Bower, Lead Software Engineer at The New York Times, and Anthony Johnson, CTO at Giphy, to name a few.
Fastly, Inc. , provider of an edge cloud platform, will release financial results for the third quarter of 2019 after market close on Thursday, November 7, 2019. The company will issue a press release notifying that its quarterly shareholder letter has been posted on its Investor Relations website at https://investors.fastly.com.
Fastly (FSLY) is a recently public outfit that's aiming to be one of the next big things in cloud networking, suggests growth stock expert Mike Cintolo, editor of Cabot Top Ten Trader.
The markets got off to a slow start Monday, while volume was well below average. However, it was a calm day and investors got a chance to find their footing after an up-and-down Friday. Let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: Best BuyBest Buy (NYSE:BBY) was moving slightly higher on Monday, rallying 1.5% at one point. Part of that enthusiasm came from Morgan Stanley analysts, who slapped a $100 price target on the stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Worst Stocks in the S&P 500 in 2019 Also helping push the stock higher were positive reports of trade talk, the latter of which caused a poor earnings report to crush the stock in August.Here is the interesting part, though. BBY stock is trying to push above $68, which has been resistance since the post-earnings decline. If it can reclaim this mark, it puts a series of overhead targets on watch.The first is the 50-day moving average near $69. Above that and the 23.6% near $71.50 is next. Should it fail and recent support near $65 gives way, see that the 200-day moving average acts as resistance. Top Stock Trades for Tomorrow 2: FastlyFastly (NYSE:FSLY) erupted higher on Monday, climbing more than 10% at one point on the day. The action follows a dismal Friday performance. However, that was an important day, as FSLY tested the key $25.50 area.This zone acted as resistance in May and July. After pushing through it in August though, this area has since been support.Below Monday and Friday's low, and the 50-day moving average is possible on the downside. Over the 61.8% retracement and 20-day moving average though, and $30+ is on the radar for FSLY.This stock has put in a few days over $33.80, significantly above current levels. Top Stock Trades for Tomorrow 3: LululemonPiper Jaffray came out with a $227 price target for Lululemon Athletica (NASDAQ:LULU) on Monday. The note follows the stock's post-earnings pop-and-fade action from earlier this month and suggests new all-time highs are on the table.Shares filled their earnings gap on Friday and are moving nicely higher on Monday. Over $200 and the all-time highs near $204.44 are possible. If it gets there, it also puts channel resistance (blue line) in play.Below Friday's lows, then channel support, along with the 50-day moving average become must-hold levels. Top Stock Trades for Tomorrow 4: NikeNike (NYSE:NKE) is set to report earnings on Tuesday after the close and shares have been coiling tightly in anticipation.$89 is proven resistance and each test has brought in the sellers. Each time, the stock has managed to put in a higher low though, shown via the purple line. More recently, uptrend support (blue line) and $86 have been buoying NKE stock.On the post-earning move, we need to see Nike breakout and close over $89 or breakdown and close below $86. The former is self-explanatory, but if it's the latter, there are a few downside targets to know. * 7 Worst Stocks in the S&P 500 in 2019 The first is the 50-day moving average near $85, the second is the 200-day down near $82.50. Below both brings the higher lows trend into play. Below the August lows would create some problems, technically speaking.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long FSLY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Worst Stocks in the S&P 500 in 2019 * 7 Reasons to Own Intuit Stock -- The Unsung Hero of Fintech * Apple and 4 Other Tech Stocks on the Move The post 4 Top Stock Trades for Tuesday: BBY, FSLY, LULU appeared first on InvestorPlace.
There’s nothing investors like more right now than a new cloud-software company. They got one on Friday with the initial public offering of Cloudflare.
For the first time in over a week, the market moved the same direction two days in a row. The S&P 500 made a 1.27% gain on Thursday, though that still leaves it below the key 50-day moving average line. The volume behind the advance wasn't exactly thrilling either.Source: Shutterstock Computer company Dell Technologies (NYSE:DELL) took the lead, gaining more than 3% during the regular-hours session in front of earnings, and then jumping more than 9% in after-hours action after reporting an earnings beat after the closing bell rang.Holding the market back more than any other name was Fastly (NYSE:FSLY). Although it rallied more than 2% after the closing bell rang, that move didn't even come close to offsetting the stock's 12.5% setback during the normal session … a move mostly prompted by profit-taking after an incredible runup since mid-August.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy for September As for names worth a look as trading prospects headed into the long weekend though, take a look at the stock charts of Mylan (NASDAQ:MYL), Home Depot (NYSE:HD) and Newell (NASDAQ:NWL). Here's what's most noteworthy, and how that may point to what lies ahead. Newell (NWL)Newell shares have been fighting a losing battle since the middle of 2017. And, technically speaking, it's still within the confines of a well-established downtrend.On the other hand, thanks to a slow turnaround effort that started to take shape just a few weeks ago, NWL stock is close to snapping its way out of the slump. Just know that Newell has been in this condition before, only to be up-ended before it took off. But, this time it is shaping up a little bit differently. * Click to EnlargeThe upper edge of the bearish trend is the convergence of the white 200-day moving average line, and the dashed blue line that connects all the key highs going back to the beginning of last year. * Underscoring the budding bullish effort thus far is the fact that the Chaikin line is now back above zero, suggesting there's a healthy amount of volume behind the current advance. * If the prospective breakout ends up taking shape, the most plausible upside target is the 38.2% Fibonacci retracement level of $28.85. A move to that mark still wouldn't be in a straight line though. Home Depot (HD)The past couple of weeks have been good ones for Home Depot, and things were particularly hot yesterday. Thursday's 2% pop carried shares above a near-term ceiling, to bring the two-week advance to 13%. The move, however, also stopped right at another, more established technical ceiling.That momentum is compelling to be sure, particularly given how it first took shape. But, the odds of there being any more upside left to dish out are pretty slim, given everything else evident on the chart. * 7 Mega-Cap Tech Stocks on a Rebound Now * Click to EnlargeThe rally appears to have been capped at the resistance level that aligns Thursday's high with the peaks made in September and January of last year. It's the upper of the two blue lines that frame the rising trading range marked on the weekly chart. * HD stock has also now punched through the upper boundary of a shorter-term trading range, marked by red dashed lines on both stock charts. This hints at a breakout, but the sheer scope of the advance thus far is unusually big. * Underscoring the above-average odds of a pullback from here is the fact that the weekly chart's RSI indicator is very near its overbought level. Mylan (MYL)Finally, Mylan has been routed since the beginning of 2018. In fact, it looked downright unsalvageable in May thanks to a hard-hitting selloff.In some ways though, that drubbing may have ultimately been the best thing for it. Although Mylan shares have yet to work their way back into a bullish mode -- and are still far from it -- the recent action suggests May's meltdown may have served as a capitulation. Better still, the proverbial lines in the sand are pretty clear. * Click to EnlargeThe pinnacle line in the sand is the falling resistance line that connects all the peaks going back to January of 2018, marked in red on the weekly chart. It's currently at $27, and falling fast. * Also note the gray 100-day moving average line is soon going to be tested as a technical ceiling. It has been a problem several times in the recent past, albeit not exactly. * It's small, but MYL stock has made a string of higher lows since May's low, plotted with a yellow line. It's the longest string of higher lows seen in well over year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 3 Big Stock Charts for Friday: Mylan, Newell and Home Depot appeared first on InvestorPlace.
In Economics 1, you learn how to draw supply and demand curves. Founded in 2011 by CEO Artur Bergman, San Francisco-based Fastly (ticker: FSLY) calls itself an “edge cloud platform.” It includes a content delivery network, or CDN, with other services layered on top. Companies in the CDN business, like Fastly rival (AKAM) (AKAM), sit on the edge of the network and speed up access to web content and commerce sites.
13Ds are filed with the Securities and Exchange Commission within 10 days of an entity’s attaining a greater than 5% position in any class of a company’s securities. Privet Fund on Aug. 20 disclosed a position in the metal and specialty-chemicals manufacturer of 1,221,449 shares, or 13.6% of the outstanding stock. In April of this year, Privet proposed to tender $20 per every Synalloy share it did not already own.
Stocks plunge after Trump tweeted, "We don't need China, and, frankly, would be far better off without them." The president planned to speak this afternoon.