AI Caused Fiverr Stock to Crash 43%, but There's Now AI Upside

By Travis Hoium – Jul 8, 2023 at 7:00AM

NYSE: FVRR

Fiverr International

Market Cap

$805M

Today's Change

(3.74%) $0.75

Current Price

$20.80

Price as of April 26, 2024, 4:00 p.m. ET

AI isn't a headwind, it's a benefit to Fiverr long term.

AI is to blame for a lot of Fiverr's (FVRR 3.74%) drop in 2023, but it may not be as bad as it seems for the company. In this video, Travis Hoium covers an upside that seems unappreciated by the market.

*Stock prices used were end-of-day prices of June 30, 2023. The video was published on July 2, 2023.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fiverr International. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.