Fiverr International Ltd. (FVRR): A Bear Case Theory

We came across a bearish thesis on Fiverr International Ltd. (FVRR) on Substack by Kostadin Ristovski, ACCA. In this article, we will summarize the bears’ thesis on FVRR. Fiverr International Ltd. (FVRR)'s share was trading at $25.67 as of March 5^th. FVRR’s trailing and forward P/E were 53.48 and 11.64 respectively according to Yahoo Finance.

[caption id="attachment_1205564" align="aligncenter" width="768"] A freelancer typing at a laptop, coffee in hand, at an outdoor cafe with a view of the city skyline.[/caption]

Fiverr, once a dominant force in the freelance gig economy, is...