What happened?Fastly shares (NYSE:FSLY), rose this morning in the wake of no company news. It's possible that investors will continue to have a bullish outlook on the stock, as they did in the past few days.At 11:10 AM EDT, the tech stock had risen by 5.9%What are you waiting for?Fastly, a Content Delivery Network (CDN) company that delivers website content quickly and efficiently, saw its share price rise as high as 4% yesterday, before reversing a little towards the end.Fastly was a hot tech stock in 2020 because lockdowns and distancing made it difficult for many people to spend their time online and at home. Investors began to dump Fastly and other tech stocks once vaccines were available and the U.S. economic recovery started. Fastly's share prices have dropped nearly 20% in the last 12 months.However, investors seem to be returning to Fastly and the stock price has risen 35% in the last month.What now?Fastly may be attracting investors again after it made news earlier this month with major website downs. Fastly's CDN service was affected by a problem in code. However, the issue was quickly resolved and investors may be reminded of how crucial the company is to maintaining the internet.This event, along with a positive sentiment towards tech stocks, could convince some investors that Fastly may be a good investment right now.
