Why Fastly Stock Crushed the Market on Monday

An analyst upgrade was the news pushing Fastly's (FSLY 16.39%) stock more than 16% higher as the last trading month of the year kicked off on Monday. That made the content delivery network (CDN) specialist quite the outperformer on the market, as the S&P 500 index only managed a 0.2% gain on the day.A likely beneficiary of a rival's stumblesThe person behind the upgrade was Oppenheimer's Tim Horan, who now believes Fastly is an outperform (read: buy) where previously he rated it merely a perform (hold). Hor ...