Fiverr is an online marketplace that allows businesses to find services starting at $5. Services include things like web and app development, copywriting, video editing, and more.
Fiverr went public in 2019 and was trading at around $50/share. However, on March 25th, 2020, Fiverr’s stock price fell by over 30% to around $35/share. This was likely due to the coronavirus pandemic causing a decrease in demand for many of the services offered on Fiverr.
What is Fiverr?
Fiverr is an online marketplace that allows businesses to find services starting at $5.
History of Fiverr
Fiverr was founded in 2010 and was one of the first companies to offer services for $5. The company was profitable from the start and grew quickly.
In 2012, Fiverr raised $15 million in venture capital funding. In 2019, Fiverr went public and was trading at around $50/share.
PRO TIP: Fiverr went down on October 10th, 2019 at around 9:30pm EST. The website was unresponsive for around 15 minutes before it came back online.
There is no word yet on why the site went down, but we will update this post as soon as we know more. In the meantime, if you need to contact Fiverr support, you can do so here.
Why Did Fiverr’s Stock Price Fall?
On March 25th, 2020, Fiverr’s stock price fell by over 30% to around $35/share.
Why Did Fiverr Go Down?
The answer is simple – because of the coronavirus pandemic. The virus has caused a decrease in demand for many of the services offered on Fiverr, leading to a drop in the company’s stock price.
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On Thursday, Fiverr’s stock price (ticker: FVRR) fell sharply, closing down nearly 18%. The drop came as a result of the company’s guidance for the second quarter and full year of 2020, which disappointed investors. Fiverr is a platform that connects freelancers with businesses that need their services.
Fiverr stock dropped today after the company reported a wider than expected loss in its first quarterly report as a public company. The stock was down as much as 18% in early trading. The loss was due to higher than expected expenses, which offset strong growth in revenue.
The stock price of Fiverr dropped today due to concerns over the company’s ability to continue to grow its business. Fiverr has been growing rapidly in recent years, but the company has not been able to keep up with the growth. The company has been facing increasing competition from other online marketplaces, and it has been struggling to keep up with the demand for its services.
Fiverr is a global online marketplace where businesses and individuals can find and offer services. The company offers a wide variety of services, including creative and technical services, business services, marketing services, and more. Fiverr has been a consistent performer in the stock market, with its stock hitting an all-time high of $64.55 in May of this year.
Fiverr is a website that allows users to find and hire freelance professionals to do tasks or services. The website has a marketplace where users can find and hire professionals to do a wide variety of tasks. The website has been growing rapidly in recent years, and has been profitable since its inception.
Fiverr (NYSE: FVRR) stock is down today, after the company announced its fourth quarter and full year results. For the fourth quarter, Fiverr reported revenue of $66.7 million, which was up 58% year-over-year and beat the analyst consensus estimate of $61.5 million. The company’s net loss for the quarter was $7.8 million, or $0.16 per share, which was also better than the analyst consensus estimate of $0.24 per share.
