# Fastly Stock Drops 7% After Investor Day

> Fastly shares fall 7% as investor day meets profit taking, while Cloudflare and Akamai rise.
- Title: Fastly Stock Drops 7% After Investor Day · 24/7 Wall St.
- Summary: Fastly shares fall 7% as investor day meets profit taking, while Cloudflare and Akamai rise. Fastly stock dropped 7% after its Investor Day event, with peers…
- Keywords: fastly, cloudflare, akamai, investor day, profit taking, nasdaq, edge computing, ai security, Stock, Drops, Investor, Day
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/fastly-tumbles-7-as-investor-day-meets-profit-taking-cloudflare-and-akamai-edge-higher
- Author: David Moadel
- Published: 2026-09-22T17:57:31+00:00
- Read time: 1 min
- Topics: fastly, cloudflare, akamai, investor day, profit taking, nasdaq, edge computing, ai security
## Fastly Holds Investor Day
Fastly held its long-awaited Investor Day at the Nasdaq MarketSite, yet shareholders responded by selling the stock hard while rivals Cloudflare and Akamai climbed.
## Fastly Stock Falls 7%
Fastly stock is at $25.47, down 7% in Tuesday afternoon trading, a sharp reversal after a run that carried shares deep into the event.
## Cloudflare and Akamai Rise
Cloudflare stock is at $354.34, up 0.8%, and Akamai Technologies stock is at $118.53, up 0.9%.
## Investor Day Focus
Tuesday’s Investor Day at the Nasdaq MarketSite in New York put Fastly’s platform strategy, product roadmap and financial outlook in front of shareholders.
## Profit Taking Explained
No adverse company news from Fastly has been verified for the session, which leaves profit taking after a large prior run as the mechanism the figures support.
## What to Watch Next
Fastly’s next test is whether the disclosures from the Investor Day translate into upgraded model assumptions when written research lands later this week.
## Key takeaway

Fastly stock dropped 7% after its Investor Day event, with peers Cloudflare and Akamai trading higher due to profit taking and expectations.