On May 6th, FSLY raised guidance for this year, and continues to innovate as referenced earlier today with the increased speed, performance and quality of their platform.
Comparing this to COUP, the CXO’s were far less bullish in their guidance for the next 2 quarters when they recently announced quarterly earnings.
I am still a long-term believer in COUP, but am planning to reduce my allocation of COUP and increase my allocation of FSLY, which ticks both the edge cloud platform and WFH boxes.
Here’s an article from earlier today:
“Fastly shares surged 15% on Monday and are now up 60% over the past seven trading days.
The stock has surpassed Zoom to become the best performer among tech companies since coronavirus concerns started roiling the economy.
Joshua Bixby was promoted to the CEO role at Fastly on Feb. 20, just as the market was beginning to plunge…”