Many pandemic winners have seen their fortunes reverse in 2021 as their growth slows. Take Fiverr International (NYSE: FVRR) , for example. Its stock took off in 2020, gaining 730% as people scrambled to find work-from-home opportunities, including freelance roles. But shares were down 17% year to date -- prior to the latest earnings report -- though they have jumped following a strong showing in the third quarter.
In another demonstration of its staying power, even after many offices and businesses have opened up around the world, Fiverr nailed its third-quarter earnings.
Image source: Getty Images.
For further details see:
This Beaten-Down Tech Stock Just Beat Earnings Again