Why Upwork Went Down 10% Instead
Shares of Upwork (NASDAQ: UPWK) stock tumbled nearly 10% on Monday after the freelance worker marketplace announced that it will suspend doing business in Russia and Belarus and is withdrawing its financial guidance both for the first quarter of 2022 and for all of fiscal 2022.
As of 1:55 p.m. ET, Upwork stock is down 9.5%.
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Source Fool.com