Fastly, Inc. Hits Day High with 8.91% Surge in Stock Price

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Fastly, Inc. has seen a notable rise in its stock price, gaining 8.91% on June 2, 2026, and achieving an intraday high of USD 22.04. Despite recent gains, the company faces challenges with negative EBITDA and a return on equity of -13.12%, while its market capitalization is USD 3,460 million.
Fastly, Inc. Hits Day High with 8.91% Surge in Stock Price
Fastly, Inc., a small-cap player in the Computers - Software & Consulting industry, has experienced a significant uptick in its stock price, gaining 8.91% on June 2, 2026. The stock reached an intraday high of USD 22.04, marking a notable performance against the backdrop of the broader market, where the S&P 500 only managed a modest increase of 0.13% on the same day.
Over the past week, Fastly has shown a robust performance with an 18.07% increase, significantly outpacing the S&P 500's 1.21% rise. However, the stock's performance over the past month has been less favorable, with a decline of 25.95%, contrasting sharply with the S&P 500's 5.25% gain. In terms of annual performance, Fastly has delivered an impressive return of 178.86%, while the S&P 500 has yielded 28.2%. Year-to-date, Fastly's stock has surged by 104.08%, compared to the S&P 500's 11.16%. Despite these recent gains, the company has faced challenges, including a negative EBITDA and a return on equity of -13.12%. The market capitalization stands at USD 3,460 million, reflecting its small-cap status.
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