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UPWK News2 articles
Upwork Shares Stabilize After Sharp Sell-Off on Weak Q1 Outlook
Upwork stock steadied in premarket trading following a 19% plunge after the company issued first-quarter revenue guidance below analyst expectations, citing AI pressure and higher costs.
Upwork Plunges 26% Premarket on Weak Q1 Forecast, Active Client Decline
Upwork shares tumbled roughly 26% in premarket trading after issuing first-quarter revenue and profit guidance below analyst expectations. The freelance platform reported a drop in active clients to 785,000 at year-end.