Fastly is trading 9.76% down at $23.49 after investors weighed the durability of growth and elevated infrastructure spending following August 5 earnings.
- Q2 revenue reached $183.3 million, while adjusted EPS was $0.15, beating estimates
- Management raised FY2026 guidance, but investors focused on capital spending and future growth expectations
- Shares gained 4.33% to $26.03 during the August 5 regular session before weakening after-hours