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FSLY May 2024 18.000 put
| Previous close | 4.8700 |
| Open | N/A |
| Bid | 8.1500 |
| Ask | 9.3500 |
| Strike | 18.00 |
| Expiry date | 2024-05-24 |
| Day's range | 4.8700 - 4.8700 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
- Yahoo Finance Video
Fastly stock plunges after trimming full-year guidance
Shares of Fastly (FSLY) are tanking Thursday afternoon after the company lowered its full-year revenue forecast and received several downgrades from financial firms. Bank of America analysts claim the cloud service provider has seen decelerating growth in its largest customers and has limited visibility in the second half of the year. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for this company and how they are impacting its stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
BenzingaFastly's Near-Term Risks Include Challenges with Top Customers, Analyst Expresses Concern
B of A Securities analyst Tal Liani downgraded Fastly Inc (NYSE:FSLY) from Buy to Underperform and lowered the price target from $18 to $8. On Wednesday, Fastly reported quarterly sales of $133.52 million, up by 13.6% year-on-year, which marginally beat the analyst consensus estimate of $133.1 million. EPS loss of $(0.05) beat the analyst consensus estimate loss of $(0.06). The stock price plunged on Thursday. Near-term risks outweigh the longer-term positive catalysts, as per Liani. Deceleratin
Barrons.comThese Stocks Are Moving the Most Today: Carvana, Fastly, Peloton, Wayfair, Qualcomm, Moderna, Howmet, Apple, Qorvo, and More
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.
