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StockStory has identified Fiverr, Wayfair, and EverQuote as three internet stocks that investors should likely ignore due to concerns over demand and valuation.
The firm's analysis comes as the broader consumer internet sector has underperformed the S&P 500 over the past six months, with the industry returning 8.2% compared to the index's 12.8% gain.
This underperformance reflects growing unease that demand in the sector hinges heavily on volatile consumer spending habits.
Fiverr, based in Tel Aviv and operating a fixed-price global freelance marketplace, faces specific headwinds according to StockStory.
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