Why Fastly Stock Popped Again Today

Why Fastly Stock Popped Again Today

Fastly, a content delivery network (CDN) company that helps efficiently and quickly deliver website content to internet users, saw its share price jump as much as 4% yesterday before pulling back a bit near the end of the day. Investors may be returning to Fastly after the company made headlines earlier this month when major websites across the globe went down. The problem stemmed from some code on Fastly's CDN service, but it was quickly fixed, and the hiccup may have actually shown investors just how important the company is to keeping the broader internet up and running.