🟢 Fastly is trading 4.3% up today as bargain hunters buy the dip following its post-earnings selloff

Fastly is trading 4.29% up at $20.89 as bargain hunters step in following a sharp post-earnings selloff earlier this month.

• The move reflects a recovery rally after investors previously sold off the stock due to slowing Network Services growth and competitive pricing pressures.
• Broader market sentiment is also supporting the stock, with U.S. equities trading higher following the release of softer-than-expected June CPI data.