Fiverr shares climb 90% in first day of trading

TechCrunch | 6/13/2019 | Staff
fufu-fefefufu-fefe (Posted by) Level 4
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Freelance marketplace Fiverr had a good first day on the New York Stock Exchange.

The company priced its IPO at $21 per share last night, raising around $111 million. It then started trading this morning at $26, with shares climbing for most of the day and closing at $39.90 — up 90% from the IPO price.

Fiverr - Companies - Gig - Economy - Month

Fiverr is one of the most well-known companies facilitating the so-called gig economy. When it filed to go public last month, the company said it has facilitated 50 million transactions between 5.5 million buyers and 830,000 freelancers.

Investors seem willing to bet...
(Excerpt) Read more at: TechCrunch
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