Upwork Inc.‘s UPWK stock rallied 18% after the platform for freelancers narrowed its quarterly loss, swinging to an adjusted profit, and reported revenue above Wall Street expectations.Upwork Inc.‘s UPWK stock rallied 18% after the platform for freelancers narrowed its quarterly loss, swinging to an adjusted profit, and reported revenue above Wall Street expectations.
Unity Software Inc. shares U rallied more than 5% after the app-monetization and game-engine company raised its annual forecast and posted a narrower-than-expected loss. Shares of EVgo Inc. EVGO jumped 15% after the company, which runs a network of electric-vehicle charging stations, gave a more upbeat full-year sales outlook and reported second-quarter results that were better than expected.
PayPal Holdings Inc. stock PYPL fell 8% after the payments company reported quarterly revenue slightly above Wall Street expectations but its credit business raised concerns.Lemonade Inc.’s LMND stock price soured, dropping more than 6% after the mobile-based insurance company cleared Wall Street expectations but succumbed having rallied more than 60% year to date.
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