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INVESTOR ALERT: Investigation of Upwork Inc. (UPWK) announced by Holzer & Holzer, LLC
ATLANTA, May 18, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) complied with federal securities laws. On May 7, 2026, Upwork announced financial results for the first quarter of 2026, revealing the number of active clients had declined and that gross service volume was approximately flat year-over-year. During the earnings call held the same day the Company said that “accelerated AI adoption degraded the volume of client activity on the low end, impacting contracts of $500 and below.” The price of the Company’s stock dropped following this news.
If you purchased Upwork stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/upwork/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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