Why Fiverr International Lost Nearly 19% in June

·2 min read

Shares of freelance platform Fiverr International (NYSE: FVRR) dropped nearly 19% in June according to data provided by S&P Global Market Intelligence. There wasn't any news specific to Fiverr, but the stock price continues to fall as growth slows down, losses increase, and the market remains hostile toward tech stocks. Between people returning to offices, difficult year-over-year comparisons, and volatile macroeconomic conditions, Fiverr's business has been decelerating.

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