Why Fiverr Stock Soared 214% in the First Half of 2020

Why Fiverr Stock Soared 214% in the First Half of 2020

Shares of Fiverr International (NYSE: FVRR) more than tripled in the first six months of the year, according to data provided by S&P Global Market Intelligence, fueled by rising demand for freelance work. At the same time, businesses, leery of bringing on full-time employees during a time of such uncertainty, have increasingly sought out freelancer workers. Fiverr operates a leading online marketplace that connects freelancers with companies seeking their services -- and business is booming.