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Fastly: High-Potential In Edge Computing
FastlyFastly(US:FSLY) Seeking Alpha·2024-01-29 18:45
MF3d Fastly (NYSE:FSLY) is one of the world’s fastest CDN companies, delivering fast content, applications, and APIs to customers around the globe. The company had a nice run last year, increasing more than 100% over the last 12 months, as it benefited from the AI related market momentum. Despite this performance, Fastly is still 85% below its all-time high of $136, which it hit in October 2020. Since then, the stock has lagged behind the S&P 500 by a large margin (see below). FSLY vs S&P 500 price perf ...