Why Fastly Stock Is Climbing Today

Why Fastly Stock Is Climbing Today

Shares of the content delivery network (CDN) company Fastly (NYSE: FSLY) were rising Wednesday on seemingly no company-related news. The tech stock might be moving higher as investors begin to see the value of the company after a substantial pullback in Fastly's share price this year. Fastly's stock was a favorite among tech investors in 2020 as they looked to companies that could benefit from lockdowns and social distancing.