Fiverr: I’m A Believer Despite Known Risks

Summary:

  • Fiverr’s stock has fallen dramatically from pandemic highs but the company is still a leader in the growing gig economy.
  • Fiverr’s revenue continues to grow and the company delivered a profitable quarter in Q3 2023.
  • Fiverr has a founder-led CEO and has created innovative products as it remains focused on long-term growth and maximizing shareholder returns.

Woman sitting on a desk using a laptop computer while working from home.

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Many companies thrived during the terrible COVID-19 pandemic. Companies such as DocuSign (DOCU), Zoom (ZM) and Peloton (PTON) rose to colossal heights as these companies benefited greatly during that time.

However, the majority came crashing down


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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