Why Is Fastly Inventory Down 35% Over The Final Quarter?

Fastly (NYSE:FSLY) a cloud computing firm that provides a content material supply community and different providers, has seen its inventory value decline by near 35% during the last quarter. Whereas the corporate posted robust Q3 outcomes, with each revenues and EPS coming in forward of expectations, it’s possible that the inventory is being impacted by a broader correction in cloud computing and SaaS shares in latest months. Furthermore, on November 13, the company’s IPO lockup interval expired, which means that firm insiders and earlier buyers have been capable of promote shares and this additionally possible put some strain on the inventory.

We ‘step back’ from these latest swings to evaluate Fastly’s efficiency over the previous few years, as a context for what would possibly come subsequent. Our Interactive dashboard, Why Has Fastly Stock Declined 35% Over The Last Quarter? critiques the close to time period causes and the massive image.

The context for the previous few years:

A better look At Fastly’s Complete Revenues over the previous few years and the outlook

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