🔴 Fastly is trading 4% down today after 10-year Treasury yield reached 5.02%

Fastly is trading at $23.86, down -4.02%, after broader risk-off pressure hit technology stocks.

• The 10-year Treasury yield reached 5.02%, its highest level since 2007, pressuring growth shares.
• Brent crude moved above $107, intensifying inflation and interest-rate concerns.
• The September 15 Piper Sandler conference is scheduled; no negative company-specific announcement was identified.