|Bid||54.33 x 2900|
|Ask||54.53 x 800|
|Day's Range||54.26 - 58.10|
|52 Week Range||39.47 - 136.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.60|
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.
Shares of the content delivery network company Fastly (NYSE: FSLY) jumped today on seemingly no company-related news. Many popular websites and services that run on Fastly's content delivery network experienced an outage last week after one of its customers changed some of their configuration settings.
Fastly (NYSE: FSLY) is a promising content delivery service provider whose stock has gone essentially nowhere when comparing prices from this time a year ago. Its strong run-up in 2020 evaporated in October after the company's biggest client, ByteDance, the Chinese owner of Tiktok, pulled the plug on its content delivery services order with Fastly after former President Donald Trump issued an executive order that threatened to ban transactions with Tiktok by American businesses, citing privacy concerns. Trump called for TikTok to be sold to an American company if it wished to avoid further sanctions.