Fastly Stock Declines 27% YTD: Should You Buy, Sell or Hold?
Fastly’s (FSLY) shares have plunged 27.4% year to date, underperforming the broader Zacks Computer & Technology sector’s decline of 8% and the Zacks Internet - Software industry’s fall of 2.8%.FSLY shares have outperformed its industry peers like Digital Turbine (APPS) , Inseego (INSG) and Atlassian (TEAM) .Year to date, shares of Digital Turbine have soared 98.3%, while Inseego and Atlassian have fallen 5.4% and 10.2%, respectively.The FSLY stock’s price decline can be attributed to sluggish revenue growth ...