Why Fastly Stock Was Zooming Higher This Week

The company continues to grow revenue at double-digit rates.Edge computing specialist Fastly (FSLY 14.42%) was hardly in the margins for many investors over the past few days.Thanks largely to a beat-and-raise second quarter that generated an analyst recommendation upgrade, plus a C-suite transition that appeared smooth, the company's stock moved well higher across that stretch. According to data compiled by S&P Global Market Intelligence, Fastly's share price had increased by more than 17% week to date as ...