Fastly's stock tanks 20% on mixed quarter for cloud-computing company
Fastly Inc.’s stock dropped nearly 20% in the extended session Wednesday after the cloud-computing company showed Wall Street a mixed fourth quarter, with revenue coming in below expectations. Fastly FSLY lost $23.4 million, or 18 cents a share, in the quarter, compared with a loss of $46.7 million, or 38 cents a share, in the fourth quarter of 2022. Adjusted... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subs ...