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Fastly Shares Up 5%

Shares of Fastly, Inc. (FSLY) are rising over 5% Wednesday morning, after the company announced the appointment of Ronald "Ron" Kisling as Chief Financial Officer.

Kisling will succeed Adriel Lares, who, as announced on May 5, 2021, will officially step down from the CFO position after five years of service. Kisling is expected to join Fastly in August, following a transition period from his current role.

The stock, which has been trading in the range of $39.47 - $136.50 for the past one year, is currently trading at $63.59, up $3.17 or 5.25%, with trading volume rising over 3.63 million versus an average volume of 4.78 million shares.

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