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home / news releases / HYLN - Fastly: The Canary In The Coal Mine

HYLN - Fastly: The Canary In The Coal Mine

Hyliion Holdings Corp. Class A
  • Last night, SaaS darling Fastly revised downward its quarterly revenue projections. Its stock got taken to the woodshed in after-hours trading.
  • Prior to last night's revenue shortfall warning, and as of its 4 p.m. Nasdaq closing price, shares of FSLY were trading at 44X FY 2020 revenue.
  • Fastly's insane valuation isn't unique, but perhaps this is the straw that broke the camel's back.

For further details see:

Fastly: The Canary In The Coal Mine
Stock Information
Company Name: Hyliion Holdings Corp. Class A
Stock Symbol: HYLN
Market: NYSE
Website: hyliion.com
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