Stock Track | Fastly, Inc. Plunges 6.05% in After-Hours Trading Amid $125 Million Convertible Bond Offering

Stock Track12-04 05:34

Fastly, Inc. (FSLY) saw its stock price drop sharply by 6.05% in after-hours trading following the company's announcement of a $125 million convertible senior notes offering. The San Francisco-based content-delivery network firm plans to use the proceeds to repurchase a portion of its outstanding 0% convertible senior notes due 2026 and to fund capped call transactions.

The market reacted negatively to the news, as convertible bond offerings often lead to concerns about potential dilution of existing shares and increased debt. Fastly's shares had closed up 0.8% at $11.74 during the regular trading session, but the after-hours plunge erased those gains. Analysts' median price target for Fastly stands at $10.75, according to LSEG data.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1130194217?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-04 05:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130194217","market":"sg","top_or_hot":-1,"title":"Stock Track | Fastly, Inc. Plunges 6.05% in After-Hours Trading Amid $125 Million Convertible Bond Offering","media":"Stock Track","content":"<p>Fastly, Inc. (FSLY) saw its stock price drop sharply by 6.05% in after-hours trading following the company's announcement of a $125 million convertible senior notes offering. The San Francisco-based content-delivery network firm plans to use the proceeds to repurchase a portion of its outstanding 0% convertible senior notes due 2026 and to fund capped call transactions.</p><p>The market reacted negatively to the news, as convertible bond offerings often lead to concerns about potential dilution of existing shares and increased debt. Fastly's shares had closed up 0.8% at $11.74 during the regular trading session, but the after-hours plunge erased those gains. Analysts' median price target for Fastly stands at $10.75, according to LSEG data.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Fastly, Inc. Plunges 6.05% in After-Hours Trading Amid $125 Million Convertible Bond Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Fastly, Inc. Plunges 6.05% in After-Hours Trading Amid $125 Million Convertible Bond Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-12-04 05:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Fastly, Inc. (FSLY) saw its stock price drop sharply by 6.05% in after-hours trading following the company's announcement of a $125 million convertible senior notes offering. The San Francisco-based content-delivery network firm plans to use the proceeds to repurchase a portion of its outstanding 0% convertible senior notes due 2026 and to fund capped call transactions.</p><p>The market reacted negatively to the news, as convertible bond offerings often lead to concerns about potential dilution of existing shares and increased debt. Fastly's shares had closed up 0.8% at $11.74 during the regular trading session, but the after-hours plunge erased those gains. Analysts' median price target for Fastly stands at $10.75, according to LSEG data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FSLY","symbol_name":"Fastly, Inc.","start_time":0,"source_url":"","article_id":"1130194217","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130194217","pubTimestamp":1764797677,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Fastly, Inc. (FSLY) saw its stock price drop sharply by 6.05% in after-hours trading following the company's announcement of a $125 million convertible senior notes offering. The San Francisco-based...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FSLY":"Fastly, Inc."},"translate_title":"股票追踪|Fastly，Inc.发行1.25亿美元可转债盘后交易暴跌6.05%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSLY":1},"content_text":"Fastly, Inc. (FSLY) saw its stock price drop sharply by 6.05% in after-hours trading following the company's announcement of a $125 million convertible senior notes offering. The San Francisco-based content-delivery network firm plans to use the proceeds to repurchase a portion of its outstanding 0% convertible senior notes due 2026 and to fund capped call transactions.The market reacted negatively to the news, as convertible bond offerings often lead to concerns about potential dilution of existing shares and increased debt. Fastly's shares had closed up 0.8% at $11.74 during the regular trading session, but the after-hours plunge erased those gains. Analysts' median price target for Fastly stands at $10.75, according to LSEG data.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130194217","isCrawlerRequest":true}