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Upwork Inc. (UPWK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

businesswire.com

Upwork Inc. (UPWK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation BENSALEM, Pa.--( BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN UPWORK INC. (UPWK), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On May 7, 2026, Upwork released its first quarter 2026 financial results, revealing that gross service volume was approximately flat year-over-year and the number of active clients had declined. The Company also cut its full year revenue guidance and stated that “the pace of AI automation was faster than previously seen” and the “overall impact of AI is marginally a net headwind for Upwork today.”

On this news, Upwork’s stock price fell $1.79, or 16.9%, to close at $8.82 per share on May 8, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Upwork securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,

3070 Bristol Pike, Suite 112,

Bensalem, Pennsylvania 19020,

Telephone: (215) 638-4847

Email: howardsmith@howardsmithlaw.com,

Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.