Fiverr IPO’s at $700M valuation

Shares of Israeli gig-economy company Fiverr International rose Thursday morning on the first day of trading for the freelance marketplace. Fiverr stock (ticker: FVRR), which on Wednesday priced its IPO at $21 a share, was up 45% to $30.41 late Thursday morning after opening at $26. The IPO price means Fiverr will raise in the neighborhood of $100 million.

Source: www.barrons.com