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Why Upwork Stock Got Crushed on Friday

Why Upwork Stock Got Crushed on Friday

Shares of Upwork (NASDAQ: UPWK) were sharply lower on Friday, slumping as much as 15.7%. For the second quarter, analysts had expected Upwork to lose $0.09 per share on revenue of $120.24 million. Instead, Upwork reported a wider loss of $0.13 on revenue of $124.2 million.