Why Fastly Stock Is Plummeting Today

Fastly (FSLY -20.35%) stock is sinking rapidly in Thursday's trading. The edge-computing specialist's share price was down 22.1% as of noon ET despite the S&P 500 index being up 0.5% and the Nasdaq Composite being up 0.8% at the same time. The stock had been down as much as 25.9% earlier in the session.Fastly reported its fourth-quarter results yesterday, posting sales that beat the market's expectations and earnings that fell short of Wall Street's target. But while the company posted a revenue beat in Q4, ...