What happened Shares of Fiverr International (NYSE: FVRR) were soaring 12.3% as of 11:07 a.m. EST on Tuesday. The company, which operates a platform that connects freelancers with buyers of digital services, didn't announce any news. Instead, the big gain for Fiverr stock stemmed from an overall rebound for the stock market. So what Stock market volatility works both ways for investors. Major sell-offs can be followed -- sometimes very quickly -- by major uptrends. That's what we're seeing with Fiverr today. The primary reason behind the overall market rise is the likelihood that a $1.9 trillion stimulus bill will be signed into law later this week. Good news for the U.S. economy should translate into good news for Fiverr. Image source: Getty Images. Even with today's jump, Fiverr's shares are still more than 30% below the highs set in early February. Some investors were worried that Microsoft's planned launch of a new LinkedIn service for freelancers could hurt Fiverr. But the potential market for freelancing platforms should be big enough to support multiple winners. Fiverr appears to be in a good position to be one of those winners. Now what Fiverr recently withdrew its planned follow-on public stock offering of $700 million in shares. The company stated that the prevailing market conditions created an environment that wasn't optimal for raising equity capital. If today's rebound continues, look for Fiverr to probably move forward with its original plans. Find out why Fiverr International is one of the 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* Tom and David just revealed their ten top stock picks for investors to buy right now. Fiverr International is on the list -- but there are nine others you may be overlooking. Click here to get access to the full list! *Stock Advisor returns as of February 24, 2021 Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. Keith Speights owns shares of Fiverr International and Microsoft. The Motley Fool owns shares of and recommends Fiverr International and Microsoft. The Motley Fool has a disclosure policy.Source