|Bid||30.06 x 900|
|Ask||30.24 x 900|
|Day's Range||30.00 - 30.93|
|52 Week Range||29.78 - 122.75|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
It's been a rocky road for cloud computing stock Fastly (NYSE: FSLY) in recent quarters, and there may be more hurdles ahead. Rachel Warren: According to a report last week by Barron's, a Morgan Stanley analyst said the DocuSign was no longer a buy downgraded it, slashed its current price target down to $165 from $350. Danny Vena: I'm going to try to get through this quickly because on this particular topic, I tend to go into too much detail.
Many technology stocks took it on the nose in 2021. Cathie Wood's high-growth, tech stock-focused exchange traded fund (ETF) ARK Innovation (NYSEMKT: ARKK) took a hit last year and lost 24% of its value. The tech sector is stumbling out of the gate in 2022 as well, already down almost 10% versus an essentially flat index.
In the latest trading session, Fastly (FSLY) closed at $31.22, marking a -0.64% move from the previous day.