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Countless websites and apps around the world went dead Tuesday after Fastly, a large content delivery network, reported a widespread outage.
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Fastly (FSLY) shares plunge nearly 14% after first quarter results hit sales estimates, reported a larger-than-expected loss, forecast a downward quarter for the second quarter, and announced a CFO exit
"The point is, he's a wild trader who had to make a big sale anyway," CNBC's Jim Cramer said. "" Now the stock has been significantly reduced in risk and I really like it more "
The company said it now forecasts revenue of $ 70-71 million, compared to its previous forecast of $ 73.5 million to $ 75 5 million
Fastly Inc shares fell more than 25% on Wednesday after hours after the software company said its biggest client, parent company TikTok
Fastly (FSLY) is an Internet infrastructure company and a pioneer in Edge computing Number of the world's largest and most disruptive companies