Down 89%, This Growth Stock Could Set You Up to Benefit From a Massive Trend

Down 89%, This Growth Stock Could Set You Up to Benefit From a Massive Trend

Pandemic-driven demand has generally receded, and the combination of inflation and rising interest rates has crushed the market's appetite for growth stocks. Fiverr International (NYSE: FVRR) operates a leading freelance labor marketplace, and the company is in a great position to benefit from the long-term growth of the gig economy. After growing sales 88% in 2020's third quarter and 43% in Q3 2021, Fiverr's Q3 revenue increased just 11% year over year in its latest third quarter.