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Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
GlobeNewswire Inc.·
Upwork Inc. faces a securities fraud investigation following disappointing Q1 2026 results that revealed flat gross service volume, declining active clients, and reduced full-year revenue guidance. The company cited faster-than-expected AI automation as a net headwind. The stock fell 16.9% to $8.82 per share on May 8, 2026, prompting a class action lawsuit on behalf of affected shareholders.
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