What happened
Shares of Fastly (FSLY 1.60%) rose as much as 2.6% on Tuesday. As of 11 a.m. EDT, the stock was up about 2.5%. The stock's gain outpaced the market's move higher.
The edge computing company's stock was likely up for two main reasons: an upbeat day in the market for many growth stocks and news that Fastly is making available its next-generation web application firewall in Amazon's (AMZN 0.47%) Amazon Web Services marketplace.
Image source: Getty Images.
So what
Highlighting a bullish day in the market for tech stocks like Fastly, the tech-heavy Nasdaq Composite was up 0.4% as of this writing, while the S&P 500 was up just 0.2%. Many growth stocks like Fastly were up 1% or more.
Meanwhile, Fastly announced on Tuesday that it was bringing its web application firewall to the AWS marketplace, adding an important demand source for the product.
"Fastly's addition to the AWS Marketplace allows businesses to quickly and efficiently access its WAF through a unified billing and procurement process," the company said in a press release about the product's availability on AWS, "providing superior and comprehensive protection to fast-evolving tech stacks."
Now what
Fastly said it also engaged with digital systems integrator Presidio, who will help resell Fastly's WAF as part of the AWS Marketplace Consulting Partner Private Offers.
"Fastly's listing allows customers to have more flexibility in their high-performance, security-first technology choices within AWS Marketplace," said AWS executive Mona Chadha.
