FSLY Stock Plunges 26.4% YTD: Is This the Right Time to Buy the Dip?

Key Takeaways FSLY shares have dropped 26.4% YTD, underperforming sector and industry benchmark. Fastly expanded its edge platform with new security, observability and cache control tools. Enterprise customers rose to 577, contributing 93% of revenues and driving performance obligations higher.Fastly (FSLY) shares have declined 26.4% year to date, underperforming the Zacks Internet Software industry’s appreciation of 14.8% and the broader Zacks Computer & Technology sector's return of 5.7%.The decline ref ...