Upwork: A Small Bet Activist Pressure Will Succeed

Author's note: I present and update my best small-cap Busted IPO stock ideas only to subscribers of my exclusive marketplace, The Busted IPO Forum . Try a free 2-week trial today by clicking on our logo below! Shares of online gig marketplace Upwork Inc. (NASDAQ: UPWK ) were down 37% year-to-date when activist investor Engine Capital announced a 3.5% stake, sparking a 10% rally on September 13, 2024. The dreadful share price performance was in spite of the company raising its bottom-line guidance The Busted ...