What happened
Shares of Fastly (FSLY 1.36%) were climbing again today and were up by 3.5% at 12:00 p.m. EDT. The edge-computing company's stock price gains are likely a result of the company announcing yesterday that its next-gen web application firewall will be offered on Amazon's Amazon Web Services.
Today's jump marks several days of incremental gains for the growth stock, pushing Fastly's stock 10% higher over the past five days.
So what
Fastly announced yesterday that its next-gen web application firewall will be available on the AWS marketplace for both public and private cloud services.
Image source: Getty Images.
The company said in a press release, "Fastly's addition to the AWS Marketplace allows businesses to quickly and efficiently access its WAF through a unified billing and procurement process, providing superior and comprehensive protection to fast-evolving tech stacks."
Fastly investors are happy to see any new avenue for the company to grow its business after its outage earlier this summer. The outage brought down many large websites across the internet and caused the company to lose some customers.
Now what
While some investors have shifted their attention away from Fastly over the past several months, the company's share price is still up nearly 90% since the company went public in May 2019. And with today's gains, it appears that at least some investors are still optimistic about this tech stock.
