Short-Squeeze Potential: Freelancer Platform Upwork Launches New Stock Buyback Program Worth $300 Million.
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Upwork (UPWK;i) serves as a global marketplace for digital work, connecting businesses (Clients) with freelancers (Talent). Strategically, the platform is transitioning from a pure intermediary for short-term "gigs" to a comprehensive "Work Operating System." Upwork benefits from a classic two-sided marketplace effect. The more qualified freelancers are on the platform, the more attractive it becomes for businesses, and vice versa. With millions of historical transactions, Upwork possesses unique data to optimize the matching between assignments...
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