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The stock is currently hovering near its 52-week low of $33.55, which it hit on December 6, 2021.
FSLY’s CFO Ron Kisling made a large insider stock sale on October 18, selling 5,088 shares. And lately, hedge funds’ interest has declined in the stock. Moreover, the company remained unprofitable in the third quarter. So, FSLY’s near-term prospects look bleak.
