Fast:
Not necessarily upset, but shaker and/or stall..but most likely, in the shaker and unable to accelerate without descending. In some fleets they call this "terminal Mach decay," terminal meaning "The End," not the place you park at the end of your trip.
If you've ever seen this in a sim, you set a speed that is below L/D max, then let "turbulence" slow you 5 or 10 knots.
You add power and find you are now 15 knots slow. So, you give it all she's got. Problem is, there is so much induced drag (from you increasing pitch to maintain altitude) that you no longer have more thrust available than drag.
And it gets even slower.
So, you either:
(1) hang on to altitude thinking "I can't get violated" and end up in the shaker (or worse), or
(2) declare a mayday for turbulence (unable to maintain assigned altitude), kick-off altitude hold, and let the airplane accelerate in a descent. Once back to a normal speed, you ask ATC if you can climb back to your assigned altitude
The first one ends up being the second one, so it's best to just go with 2.