From Nasdaq:

Fastly shares dropped 30% due to lower-than-expected revenue and first-quarter guidance. The stock’s 15% year-over-year revenue growth is a concern, considering previous quarters’ growth rate of 20% and 18%. Although customer count is increasing, management’s softer guidance for Q1 suggests slower growth at a 13.1% rate. Fastly stock continues to report losses and is valued at $2.1 billion, causing analysts to advise waiting for a better entry point. Motley Fool’s top 10 stock picks did not include Fastly due to its performance. Aftermarket trading saw Fastly shares drop to $33.32, down over 20%.



Read more: Is Fastly Stock a Buy After Plummeting Last Week?