Is Fiverr International Stock a Buy Now?
It's been a wild ride for Fiverr International (NYSE: FVRR) stock since the company's initial public offering in June 2019 at $21 per share. From a period of rapid growth during the pandemic that sent shares of the freelancer marketplace soaring to $323 in 2021, an ensuing slowdown pushed the stock to as low as $18.83 earlier this year.
The good news for investors is that the company's recent results show some encouraging signs of a turnaround. At the time of writing, the stock is up 22% in just the past month amid an improved outlook toward more consistent profitability.
Let's discuss whether this rally can continue and if you should buy Fiverr International stock now.
Source Fool.com
