Upwork rises after activist investor Engine Capital calls to refresh board

Upwork

13/09/2024 13:18

** Freelancing platform Upwork's  UPWK.O  shares rise 1.6%
to $9.46 premarket
    ** Engine Capital in a letter to UPWK calls for its board to
be refreshed
    ** Believe Upwork's shares are "extremely undervalued" -
Engine Capital
    ** Engine Capital owns about 3.5% of the outstanding shares
of Upwork
    ** YTD, stock is down 37.4%

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))