Why Fiverr Stock Surged Higher on Thursday
Shares of freelancer platform specialist Fiverr (NYSE: FVRR) jumped on Thursday. Shares rose as much as 18.6%, and were up about 14% as of 11:45 a.m. ET today. The growth stock's jump followed Fiverr's fourth-quarter earnings report this morning, before market open.
Fiverr reported revenue and adjusted earnings per share above analysts' average forecasts for the two metrics. In addition, management provided a robust first-quarter and full-year outlook.
Source Fool.com