Fastly is trading at $23.31 (-4.07%) as the Federal Reserve raised rates by 25 basis points to 3.75%-4.00%, while elevated Treasury yields weighed on rate-sensitive growth shares.
- Broader markets were also weaker, with the S&P 500 down 0.85%, Nasdaq down 0.50%, and Dow down 1.51%.
- No clear company-specific announcement was identified for September 16, 2026; the decline appears primarily macro-driven.