🔴 Fastly, Inc. is trading 5% down today as traders lock in gains after recent surge

Fastly, Inc. is trading at $18.92, down 5%, as investors lock in profits following a sharp multi-day rally.

• The stock experienced a significant 13–14% climb from May 28 through June 2, leading to back-to-back sessions of declines as momentum stalls.
• High-valuation technology and AI-related growth names are facing broad pressure as market sentiment turns more cautious toward the sector.