$FVRR Breaks Out, More Room To Run

20 thg 2, 2020

FVRR made a nice breakout after a strong Q4 earnings report. With 12.32% of the float short, there's more short covering to push the stock higher. FVRR is a good ways off its 52-week high above $44 a share.

Fiverr International (NYSE:FVRR): Q4 Non-GAAP EPS of -$0.08 beats by $0.05; GAAP EPS of -$0.23 in-line.

Revenue of 29.53M (+42.6% Y/Y) beats by 0.83M.

The Fiverr platform connects businesses of all sizes with skilled freelancers offering digital services in more than 300 categories, across 8 verticals including graphic design, digital marketing, programming, video and animation. In 2019, over 2.4 million customers bought a wide range of services from freelancers working in over 160 countries.

As always, trade with caution and use protective stops.

Good luck to all!