HomeMarketsU.S. Economy & JobsUpwork (UPWK): Labor Up Or Labor Down?

Upwork (UPWK): Labor Up Or Labor Down?

Upwork (UPWK) saw adjusted earnings per share growth recently. Companies may not be looking to increase headcounts and bring in contractors. Did the same market dynamic happen in 2008 through 2010? The UPWK stock traded at $15 post their earnings report, which could be seen as a significant point of resistance, according to Kevin Green. Are there short players getting into this type of market? Also, what do Upwork’s statistics indicate about the overall economy and labor conditions?

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