Fastly stock drops 20% as analysts weigh in on how TikTok may affect the edge-computing platform’s growth
August 06, 2020 at 14:11 PM EDT
Fastly Inc. shares pulled back from their recent lofty heights Thursday, as analysts reviewed how the popular video-sharing platform TikTok — its biggest customer — will affect the edge-computing platform’s growth, as more businesses migrate functions to the cloud.