Why Fiverr Stock Was Flying High Today
Fiverr(FVRR) The Motley Fool·2024-05-10 01:47
Revenue growth is slow as active buyers continue to fall away.Shares of freelance marketplace Fiverr International (FVRR 8.78%) were flying higher on Thursday after the company reported financial results for the first quarter of 2024. Results were just OK but expectations were low, which explains why investors are so enthusiastic today. As of 1 p.m. ET, Fiverr stock was up 9%, but it had been up almost 16% earlier in the day.Fiverr pleasantly surprised investors who didn't expect muchIn Q1, Fiverr generated ...