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Why Fiverr Stock Jumped 29% Last Month

TheMotleyFool

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Shares of Fiverr (NYSE: FVRR) were climbing again last month after the online marketplace for freelancers posted an impressive second-quarter earnings report. According to data from S&P Global Market Intelligence, the news helped pace the stock to a 29% gain in August.

As you can see from the chart below, the stock popped at the beginning of the month on the earnings report and sustained those gains in back-and-forth trading over the rest of August.