Why Upwork Shares Are Trading Higher By Over 22%; Here Are 20 Stocks Moving Premarket - Atlas Energy Solutions (NYSE:AESI), Ardelyx (NASDAQ:ARDX)
UpworkUpwork(US:UPWK) Benzinga·2025-11-04 11:22

Core Insights - Upwork Inc reported better-than-expected third-quarter financial results, with earnings of 36 cents per share, surpassing the Street estimate of 29 cents per share [1] - The company's quarterly revenue reached $201.73 million, exceeding the analyst consensus estimate of $193.34 million [1] - Upwork raised its fourth-quarter guidance above estimates and also increased its FY25 guidance [1] Stock Performance - Upwork shares surged 22.2% to $19.10 in pre-market trading following the positive financial results [2] - Other notable stock movements included PTL Ltd gaining 67.4%, MSP Recovery Inc rising 56.9%, and Denny's Corp increasing by 49.2% due to acquisition news [5] - Conversely, Sarepta Therapeutics Inc saw a significant decline of 38.7% after reporting disappointing third-quarter results [5]