Fastly stock jumps again in premarket after upbeat 2026 outlook — what to watch for FSLY
Fastly shares jumped 5.1% to $16.86 premarket Friday after a 72.3% surge Thursday, following fourth-quarter revenue growth of 23% to $172.6 million and adjusted profit of 12 cents per share. The company raised $180 million in convertible notes and reported a 55% rise in contracted revenue. Morgan Stanley disclosed a 5.4% stake. Analysts cited AI-driven traffic and customer concentration as key factors.