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0 0.000616042470692698 0.00854305955681184 0.00491928031744318 -0.000516388541609968 0.00333387690021935 0.00423982171006152 0.00967549056911467
Stock impact report

Why Fiverr Stock Was Flying High Today [Yahoo! Finance]

Fiverr International Ltd. Ordinary Shares, no par value (FVRR) 
Last fiverr international ltd. ordinary shares, no par value earnings: 2/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 much In Q1, Fiverr generated revenue of $93.5 million, which was up 6% year over year. That was the high point of management's previous guidance, but it was within guidance nonetheless. Active buyers spent more money on the platform on average, and the company increased its take rate -- the amount of money it keeps relative to its sales volume. However, Fiverr's active buyers dropped from 4.1 million in the fourth quarter to just four million in Q1. As a marketplace business, investors would ideally see both buyers and sellers increasing. The drop in active buyers is discouraging considering the platform first surpassed 4 million buyers back in 2021. That's not good. But Fiverr investors seem to be looking past the shortcoming bec Show less Read more
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