- Fiverr was one of those companies whose growth rate exploded during the pandemic, and so did their share price.
- However, with the re-opening of the economy the growth rates returned to more normal levels and share prices cratered.
- In Fiverr's case the growth was not lost, and the company is much bigger today than it was, even if it is back to growing "only" ~40% per year.
- Current prices might be presenting an opportunity since shares have never had a lower forward price/earnings multiple.
For further details see:
In Some Ways Fiverr Has Never Been Cheaper