🔴 Fastly is trading 15.38% down in after-hours trading following its November 4 earnings release

Fastly is trading at $17.80, down 15.38% following its November 4 earnings release; available reporting does not establish what drove the decline.

• Third-quarter revenue was $190.2 million, up 20% year over year; net retention was 119%.
• Fastly raised its full-year 2026 revenue outlook to $744–$748 million and forecast fourth-quarter revenue of $198–$202 million.
• Broad indexes were up, but that market context does not explain Fastly’s sharp move.