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Can I Buy UpWork Stock?

Last updated on September 30, 2022 @ 10:26 am

As a freelancer, you may be wondering if it’s possible to buy UpWork stock. After all, the company has been public for a few years now and its stock price has been on the rise.

And with the recent announcement that it is acquiring Elance-oDesk, UpWork is poised to become the world’s largest freelancing platform. So could buying UpWork stock be a smart investment?

Unfortunately, the answer is no. UpWork is not currently a publicly traded company and therefore its stock is not available for purchase.

And even if it were, investing in UpWork would be a risky proposition. The company is still relatively new and unproven, and its business model – which relies on commission fees – is untested in the long term. So while buying UpWork stock may seem like a good idea, it’s probably best to steer clear for now.

PRO TIP: Upwork is a publicly traded company on the Nasdaq stock exchange under the ticker symbol UPWK. As of May 2020, Upwork has a market capitalization of $1.6 billion.

However, you cannot buy Upwork stock directly from the company. Upwork is not currently selling any shares directly to investors. The only way to own shares in Upwork is to purchase them on the secondary market from another investor.

Can I Buy UpWork Stock?

No, you cannot buy UpWork stock because it is not a publicly traded company. Even if it were, investing in UpWork would be a risky proposition because the company is still relatively new and unproven.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.