Fastly (FSLY) Looks Good: Stock Adds 8.8% in Session
Fastly, Inc. FSLY was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 47.5% in the past one-month time frame.
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Fastly has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Fastly, Inc. Price
Fastly, Inc. price | Fastly, Inc. Quote
Investors interested in the Internet - Software industry may consider Chegg Inc CHGG which has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
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This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.
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