That caused more people to buy shares and chase it higher and now the share price has come crumbling down based on some geopolitics outside of management’s control with their largest customer.
Austin, TikTok didn’t leave because of geopolitics! You are still kidding yourself. They moved to Akami, another US company headquartered in Massachusetts. And they probably moved because Akami has portals (or whatever they are called) in many, many, more countries than Fastly, and many countries now want their data to stay in-country as much as possible.
Saul