Fastly is a content delivery network (CDN) company that provides edge cloud services to help businesses deliver digital content and applications quickly and securely. Their platform enables faster and more reliable content delivery, improving the performance and user experience of websites, mobile apps, and APIs. Fastly's services are utilized by various industries, including e-commerce, media and entertainment, technology, and more.
The stock of Fastly, ticker symbol FSLY, has experienced a reversal in its trend and is now lower. This means that the stock price has shifted from an upward trend to a downward trend. The reversal indicates a change in market sentiment, with selling pressure outweighing buying pressure.
Investors should exercise caution and closely monitor the price action for any signs of a potential bottom or a further decline.
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