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Why Fiverr Stock Soared Today

TheMotleyFool

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Shares of Fiverr International (NYSE: FVRR) surged 17.9% on Wednesday, following the release of the online freelance marketplace's blockbuster second-quarter results.

Fiverr's revenue rocketed 82% to $47.1 million. The gains were driven by a 28% year-over-year surge in active buyers of freelance services, to 2.8 million, and an 18% rise in average spend per buyer, to $184.

Fiverr's stock rose sharply on Wednesday. Image source: Getty Images.

Source Fool.com

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