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Wajeeh Khan

Why Did Fastly Stock Rise So Much on Thursday? Barchart Explains.

Fastly Barchart AI FSLY

Fastly (FSLY) shares soared more than 70% on Feb. 12, after the content delivery network (CDN) specialist posted a blockbuster Q4 that saw earnings print at more than double the consensus of $0.06.

As agentic artificial intelligence (AI) continues to drive traffic to CDNs, the Nasdaq-listed firm said its revenue will push some 19% higher to $171 million in the current quarter, handily beating estimates.

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