Sunday, September 20, 2026

Less Than Six Hours Before The NASDAQ Open, Upwork Is Down By 7%

ViaNews Editorial Team

February 16, 2023

Less Than Six Hours Before The NASDAQ Open, Upwork Is Down By 7%

(VIANEWS) - The NASDAQ opens in less than six hours and Upwork's pre-market value is already 7.82% down.

Upwork's last close was $13.94, 53.41% below its 52-week high of $29.92.

The last session, NASDAQ ended with Upwork (UPWK) rising 5.85% to $13.94. NASDAQ jumped 0.92% to $12,070.59, after three sequential sessions in a row of gains, on what was a somewhat up trend trading session.

About Upwork

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Upwork has a trailing twelve months EPS of $-0.19.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -37.82%.

Sales Growth

Upwork's sales growth is 16.4% for the ongoing quarter and 22.5% for the next.

Yearly Top and Bottom Value

Upwork's stock is valued at $13.94 at 04:30 EST, way below its 52-week high of $29.92 and way higher than its 52-week low of $9.79.

Moving Average

Upwork's worth is way above its 50-day moving average of $11.70 and way below its 200-day moving average of $16.29.

More news about Upwork (UPWK).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Boom Hits a Fork: Slowdown Calls Clash with Capex Confidence as Markets Get Nervous
Dario Amodei's repeated calls for a global slowdown in frontier AI development, echoed by Microsoft's new humanist AI code of conduct and FTC antitrust caution, are being publicly rejected by Nvidia and Meta leadership even as hyperscaler spending draws fresh skeptical scrutiny (Wachter's analysis, Burry-style overbuilding worries) and weak guidance from Adobe and a post-slowdown-comment selloff in GE Vernova signal investor jitters. Meanwhile wealth and security effects of the AI race keep compounding — Zhang Yiming's fortune surging on AI-driven ByteDance value, a Chinese hacking firm weaponizing AI against stolen government secrets, and low-quality AI-generated products (an AI sitcom, a spam-flooding agent platform) fueling backlash even as adoption races ahead.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
Berkshire Hathaway
Both facts report Berkshire Hathaway's cash position on 2026-01-01 with identical observation timestamps, but claim vastly different values: 380 billion USD vs 400 USD. These cannot both be true for the same entity at the same point in time. The magnitude of the discrepancy (a factor of ~10^9) rules out rounding, unit conversion, or methodological differences.
We flag conflicts openly ›
Recently verified
Checked against the original source
4,982
facts traced to their source — and we flag the ones that don't hold up.
101 entities tracked4,982 facts checked against source5,299 source documents archived
Query this data → isubstrate.com