FVRR - 1 Stock Down 88% to Buy and Hold for 10 Years
2023-05-28 10:33:00 ET
Fiverr International 's (NYSE: FVRR) story is now familiar on Wall Street. The gig economy specialist saw its business and stock price experience a significant boom early in the COVID-19 pandemic. But the factors that led to increased activity on its platform have slowed, leading to lower revenue growth and a stock price in free fall for the better part of two years.
Fiverr's shares are down by 88% since July 2021. Still, there is much to like about the company's business, especially for those investors focused on the long game. So let's consider why Fiverr could be an outstanding buy-and-forget stock.
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1 Stock Down 88% to Buy and Hold for 10 Years