Previous Close | 3.1900 |
Open | 1.0600 |
Bid | 1.1900 |
Ask | 1.4200 |
Strike | 17.50 |
Expire Date | 2025-12-19 |
Day's Range | 1.0300 - 1.2100 |
Contract Range | N/A |
Volume | |
Open Interest | 62 |
Shares of Fastly (FSLY) are tanking Thursday afternoon after the company lowered its full-year revenue forecast and received several downgrades from financial firms. Bank of America analysts claim the cloud service provider has seen decelerating growth in its largest customers and has limited visibility in the second half of the year. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for this company and how they are impacting its stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.
Fastly stock plunged Thursday after the company lowered its 2024 revenue outlook amid pricing pressure for its top customers.