Upwork Inc. operates an online platform that connects businesses and freelancers. Its platform comprise freelancers in content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development categories. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 2013 and is based in Mountain View, California.
Shares of freelancing services platform Upwork (NASDAQ: UPWK) popped after receiving an upgrade to buy from Citigroup this morning. Upwork stock is trading up 9.7% as of 11:15 a.m. EST. In addition to the upgrade, Citigroup ratcheted its price target on Upwork shares 50% higher -- to $48 a share, reports StreetInsider.com.
Event to be Audio Webcast on the Upwork Investor Relations WebsiteSANTA CLARA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that President and CEO, Hayden Brown, and Chief Financial Officer, Jeff McCombs, will participate in a fireside chat at the 23rd Annual Needham Virtual Growth Conference. The event will take place on Tuesday, January 12, 2021 at 8:30 a.m. PT/11:30 a.m. ET. An audiocast of the event will be available in the Events and Presentations section of Upwork’s Investor Relations website at investors.upwork.com. An audio webcast archive will be available following the event for approximately 90 days at i...
Read on for a look at three innovative companies that stand out as great buys this month. Since its public debut in 1997, few stocks have delivered better performance than Amazon (NASDAQ: AMZN). Perhaps even more importantly, it looks like the company's growth story is still just getting started.
The stock market's overall performance across the last year has been shaped by tech stocks, with top players in the space powering big gains for the S&P 500 and Nasdaq indexes despite challenges from the coronavirus pandemic. To get a survey of stocks that could post great performance in 2021 and beyond, we asked three Motley Fool contributors to profile their top tech picks. Read on to see why they think Upwork (NASDAQ: UPWK), PayPal Holdings (NASDAQ: PYPL), and Zoom Video Communications (NASDAQ: ZM) have what it takes to be huge winners.