Needham lowered Fiverr International Ltd. (NYSE: FVRR) price target from $205 to $100. Fiverr International shares gained 2% to $80.00 in pre-market trading.
Gainers
Inspirato Incorporated (NASDAQ: ISPO) shares climbed 618.2% to close at $92.65 on Thursday, just a few days after the company completed its SPAC merger with Thayer Ventures.
Earnings disasters in the growth technology sector are still coming in. The latest victim is Fastly Inc. (NYSE: FSLY), which is getting hammered in Thursday’s session following its fourth-quarter earnings report that was accompanied by lower guidance.
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Fastly Inc (NASDAQ: FSLY) shares are trading lower by 31.42% at $19.81 in Thursday's pre-market session after the company reported fourth-quarter earnings results and issued first-quarter and FY22 guidance.