Cramer mentioned it long ago. Didn’t buy.
Fastly’s technology helps consumers more rapidly view and retrieve digital content. Its customers include e-commerce software provider Shopify, music-streaming service Spotify and messaging app Slack, which are all seeing usage spikes with so many people working remotely.
Domino effect.
In the content delivery network (CDN) market, Fastly is only about one-fifteenth the size of Akamai in terms of revenue, but almost half as big when it comes to market value. Fastly’s market cap now sits at $7.6 billion, while Akamai is worth $16.5 billion. Cloudflare, another competitor in the space, has more than doubled in value in the past four months to an $11.2 billion market cap.
Cramer also mentioned cloud flare.
Both are better than AKAM?