Here's Why Upwork Stock Is Jumping Today
Shares of Upwork (NASDAQ: UPWK) were climbing today as investors looked to the online talent marketplace company to help them weather increasingly negative news about rising coronavirus infections and ongoing U.S. unemployment concerns. Upwork shares rose by as much as 10.3% during the day.
As of 3:40 p.m. EDT, the company's stock was up 9.7%.
Upwork's online platform allows companies to post freelance positions and workers to find jobs. Most of the jobs are temporary gig positions, and investors have been drawn to the company as many Americans may be looking for temporary work right now.
Source Fool.com
