Shares of Fastly (NYSE: FSLY) were sliding today as investors continued to be concerned about the likelihood that the Federal Reserve will raise interest rates throughout 2022. The Fed has a two-day policy meeting starting today and investors are eager to find out any new information about what it will do about interest rates this year. The Fed is expected to raise interest rates as early as March.
SAN FRANCISCO, January 24, 2022--Fastly Announces Complete Dismissal of Shareholder Class Action and Derivative Lawsuits
Patient investors who buy into innovative companies with clear-cut competitive advantages have a real chance to see their initial investment compound many times over. There's no sugarcoating it: telehealth giant Teladoc Health (NYSE: TDOC) was one of 2021's biggest disappointments. After skyrocketing during the initial stages of the coronavirus pandemic, concerns about larger-than-expected losses tied to its Livongo Health acquisition, as well as worries about slowing growth in an eventual post-pandemic world, pushed shares more than 70% below their all-time high.