Fastly is trading 4.6% up at $20.96 as software shares move higher alongside a broad technology rally.
- The software sector is showing strong momentum, with the IGV ETF rising 3.18%.
- Market sentiment is being supported by continued AI optimism and lower oil prices, which have provided a tailwind for risk assets.
- No company-specific catalysts were reported, indicating the move is primarily tied to broader sector sentiment and market rotation.