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Stock impact report

Fastly Rises 69% in a Month: Should You Buy, Sell or Hold the Stock? [Yahoo! Finance]

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Yahoo! Finance
Computer & Technology sector's 5.8% return and the Zacks Internet - Software industry's 7.9% growth. FSLY's shares have also beat industry peers like Reddit RDDT, Blend Labs BLND and Gitlab GTLB. During the same period, shares of Reddit and Blend Labs have gained 23.1% and 1.4%, respectively, while GitLab stock has lost 2.9%. FSLY's robust stock price performance has been driven by its impressive third-quarter 2024 results. Revenues grew 7% year over year to $137.2 million, beating guidance. Network Services revenues rose 5% to $107.4 million, security revenues increased 12% to $26.2 million and emerging products, led by compute, surged 85% to $3.6 million. Fastly, Inc. Price and Consensus Fastly, Inc. Price and Consensus Fastly, Inc. price-consensus-chart | Fastly, Inc. Quote Product Innovation and Development Aid FSLY's Prospects Fastly upgraded its Next-Gen WAF by making it faster to activate, improving detection capabilities and adding detailed data insights, like Show less Read more
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