Here's Why Fiverr Stock Dropped Today
Fiverr(US:FVRR) The Motley Fool·2024-02-22 17:51Shares of freelance marketplace Fiverr International (FVRR -9.81%) dropped on Thursday after the company reported financial results for the fourth quarter of 2023 and gave financial guidance for 2024. As of 11:30 a.m. ET, Fiverr stock was down about 9%.This is one of the market's biggest fearsIn Q4, Fiverr generated revenue of $91.5 million, up 10% year over year and squarely inside of management's guidance. That's good. However, active buyers on the platform fell from 4.3 million in 2022 to just 4.1 millio ...