Fastly stock price inched up to $9.12 amid higher-than-average volume. This movement coincided with speculation about potential enterprise deals in the pipeline, which could expand recurring revenue streams. Fastly focuses on high-performance, programmable content delivery networks. Its Managed CDN gives its customers full control and flexibility by setting up dedicated servers inside their own private networks. It can be used alone or alongside multiple other CDNs in a hybrid setup. Fastly’s shares are extremely volatile and have had 40 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Fastly stock price hovered near $9.05 during early trade, reflecting cautious investor sentiment. Options activity suggests traders are hedging against potential downside as Nasdaq tech indices face increased volatility this week.