12 Best Gig Economy Stocks To Buy [Yahoo! Finance]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: Yahoo! Finance
Gig Economy: An Introduction The gig economy refers to a labor market characterized by short-term, freelance, or independent contractor positions, where individuals are hired on a temporary or flexible basis to complete specific tasks or projects. Gig workers are independent contractors who typically find work through online platforms or apps that connect them with clients or customers who are looking for various kinds of services such as coding, writing, and graphic designing, among others. The COVID-19 pandemic was one of the main growth catalysts for gig workers and the number of these independent contractors is rising rapidly. According to a report by MBO Partners, 45% of the US American workforce worked as independent contractors in 2023. Between 2020 and 2023, the number of independent workers grew by 89%. The report states that 40% of the gig workers said that they used online platforms to find work over the last 12 months and 47% are planning to use them over the next 12
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UPWK
News
- Upwork Inc. (NASDAQ: UPWK) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $19.00 price target on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
- Upwork (UPWK) Just Reclaimed the 50-Day Moving Average [Yahoo! Finance]Yahoo! Finance
- Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork Research [Yahoo! Finance]Yahoo! Finance
- Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork ResearchGlobeNewswire
UPWK
Earnings
- 5/1/24 - Beat
UPWK
Sec Filings
- 5/7/24 - Form 4
- 5/3/24 - Form 144
- 5/1/24 - Form 10-Q
- UPWK's page on the SEC website