Fastly: An Attractive Turnaround Story (NYSE:FSLY)

Core Insights - Fastly (NYSE: FSLY) was a prominent meme stock in 2020, achieving a market capitalization exceeding $12 billion at its peak [1] - As of now, Fastly has experienced a significant decline, losing approximately 90% of its value over the past five years, leading to stagnation in its stock performance [1] Company Analysis - The company has faced challenges in maintaining its market value, indicating potential issues in growth or market perception [1] - The current stock performance suggests a need for strategic reassessment to identify new growth opportunities within the technology sector [1]