Why Upwork Stock Dropped 12.4% on Thursday

·1 min read
Why Upwork Stock Dropped 12.4% on Thursday

Shares of freelance marketplace Upwork (NASDAQ: UPWK) fell as much as 12.4% in trading on Thursday after reporting third-quarter 2021 financial results. To make matters worse, Upwork is seeing a sharp slowdown in growth. The freelance marketplace business isn't growing nearly as quickly as it was during the depths of the pandemic, but that doesn't mean that the growth story is over.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting