NasdaqGS:FSLYIT
Assessing Fastly (FSLY) After Prolonged Share Price Declines
If you are wondering whether Fastly's current share price lines up with its underlying value, you are not alone.
The stock closed at US$9.62 recently, with returns of 2.6% over the last 7 days, a 5.1% decline over 30 days, a 5.6% decline year to date, and a 10.3% decline over the past year. The 3 year and 5 year returns stand at 19.2% and 91.4% declines respectively.
These mixed returns have kept Fastly on many investors' watchlists. The share price history raises questions about how the...