Don’t Abandon Fastly Stock Just Yet, Says Analyst

Wall Street is a fickle place. The very investors that put a stock on a pedestal can pull it down to terra firma in no time. Just look at Fastly (FSLY).Until mid-October, the edge computing services provider had been one of 2020’s strongest performers, rising by more than 500%. However, Fastly let investors down when it announced preliminary Q3 results midway through October, lowering its previous estimates for the quarter, after which shares duly plunged.The violent selloff continued for...