Why Fastly, Teladoc, and Lemonade Stock Jumped Higher on Monday

Why Fastly, Teladoc, and Lemonade Stock Jumped Higher on Monday

Shares of cloud-computing company Fastly (NYSE: FSLY), telehealth specialist Teladoc Health (NYSE: TDOC), and innovative insurer Lemonade (NYSE: LMND) all surged higher on Monday. The share-price moves were likely due to broader market momentum for tech stocks -- particularly growth tech stocks like these three names. Finally, many growth tech stocks were up several percentage points or more.