Why Fiverr International's Shares Plunged 15.5% and Then Bounced Back

Travis Hoium, The Motley Fool
·1-min read
Why Fiverr International's Shares Plunged 15.5% and Then Bounced Back

As tech stocks fell early in the day, high-growth stocks like Fiverr were hit harder than most because they've been such great performers. In the last 12 months, Fiverr shares are up 727% and that's even after today's drop. The general worry is that rising interest rates will slow economic growth and ultimately the growth rate of companies like Fiverr.