Why Upwork Stock Jumped Today
Shares of Upwork (NASDAQ: UPWK) leaped 13% on Tuesday after the freelance marketplace delivered an upbeat third-quarter financial report.
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Upwork's revenue rose by 4% year over year to $201.7 million, as clients spent more to hire freelancers. The company's gross services volume (GSV) -- the total dollar value of transactions facilitated by its platform -- grew by 2%, marking the first increase in five quarters.
Source Fool.com
