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Investigation launched into Upwork for possible securities law violations after revenue guidance cut.

Market News
18 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Levi & Korsinsky has started an investigation into Upwork Inc. for potential federal securities law violations following the company's Q4 2025 earnings call. Upwork initially reported 2.4% revenue growth and projected 6%-8% growth for 2026 but soon lowered its Q2 2026 guidance and revenue expectations. The company also highlighted AI-driven marketplace improvements contributing significant revenue, but Q1 2026 results fell short, causing a 19% drop in shares. Investors who suffered losses may seek recovery through legal action.

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