Diamonds and Dogs
Going to the mattresses. The bed maker, Sleep Number (SNBR) is jumping 11% to new highs following blow out earnings as sales rose 12%. The company also raised estimates for the full year as people spend their stimulus money on new mattresses.
Fastly (FSLY) taking a hit. The cloud platform stock is down 25% after the company warned that September quarter revenue would fall short of its own forecasts amid the Trump administration's political pressure on its largest customer, social media platform TikTok. TikTok accounted for about 12% of revenue for Fastly in the June quarter.
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