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Why Upwork Stock Was Slammed on Thursday


Shares of Upwork (NASDAQ: UPWK), a marketplace for businesses to hire freelancers, fell sharply on Thursday. The stock was down 19.8% as of 12:15 p.m. EST.

The stock's decline is primarily due to Upwork's lowered full-year outlook and its softer-than-expected guidance for Q4.

Image source: Getty Images.

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Source Fool.com

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