Fiverr International Breaks Above 200-Day Moving Average – Bullish for FVRR

From Nasdaq:

stock’s performance over the last year, with Fiverr International Ltd shares are currently trading up about 61.4% on the day.

In global news, the United Nations has reported that the number of people facing acute food insecurity in the world could nearly double due to the economic impact of the Covid-19 pandemic. The report states that an estimated 265 million people could face crisis levels of hunger by the end of 2020, an increase from 135 million in 2019.

In technology news, Elon Musk’s SpaceX is set to launch its 11th mission of the year on Tuesday, delivering 60 more Starlink internet satellites into orbit. The mission will be the 15th batch of satellites launched as part of SpaceX’s plan to provide global broadband internet coverage. The launch is set to take place from Kennedy Space Center in Florida.

On the health front, pharmaceutical giant Pfizer has announced that the first phase 3 clinical trial of its Covid-19 vaccine candidate has shown promising results. The vaccine, developed in partnership with BioNTech, has demonstrated an efficacy rate of over 90% in preventing the virus in trial participants. The companies plan to seek emergency use authorization from the FDA soon.



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