WeWork stock adds to record bounce, off a record low

Deutschland Nachrichten Nachrichten

WeWork stock adds to record bounce, off a record low
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

WeWork Inc.’s stock jumped 14.7% in afternoon trading on volume of 297.3 million shares, which is enough to make the co-working spaces provider’s stock the...

WeWork Inc.’s stock WE jumped 14.7% in afternoon trading on volume of 297.3 million shares, which is enough to make the co-working spaces provider’s stock the most actively traded on major U.S. exchanges. The stock’s rally follow’s Thursday’s record 43.4% surge on record volume of 737.5 million, which came a day after the stock suffered a record 38.6% plunge on volume of 132 million shares to a record-low close of 12.9 cents.

7% in afternoon trading on volume of 297.3 million shares, which is enough to make the co-working spaces provider’s stock the most actively traded on major U.S. exchanges. The stock’s rally follow’s Thursday’s record 43.4% surge on record volume of 737.5 million, which came a day after the stock suffered a record 38.6% plunge on volume of 132 million shares to a record-low close of 12.9 cents.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

MarketWatch /  🏆 3. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

WeWork Offices Could Close As The Company Struggles To Stay AfloatWeWork Offices Could Close As The Company Struggles To Stay AfloatWeWork, the popular office workspace, is facing financial difficulties and may have to shut down its offices due to billions of dollars in losses. The company has reported a debt of approximately $2.9 billion as of June 30. Although WeWork has not officially filed for bankruptcy, it is required to disclose all information related to its ongoing analysis.
Weiterlesen »

WeWork warns of possible bankruptcy as it submits 'going concern' noticeWeWork warns of possible bankruptcy as it submits 'going concern' noticeWeWork, once valued at $40 billion, is facing the possibility of bankruptcy as it submits a 'going concern' notice. The company's stock price has been trading below $1 since early this year.
Weiterlesen »

From $40 billion to 'going concern' — WeWork warns of possible bankruptcyFrom $40 billion to 'going concern' — WeWork warns of possible bankruptcyWeWork, facing mounting losses and dwindling cash, has expressed doubt about its ability to continue operating as a 'going concern.' The company's stock price has been consistently below $1 and membership has been weaker than anticipated, partly due to the struggling economy.
Weiterlesen »

WeWork Expresses Doubt About Ability to Stay Open in ChicagoWeWork Expresses Doubt About Ability to Stay Open in Chicago“Substantial doubt exists” about WeWork’s ability to continue to stay in business, due to the company’s losses, projected cash needs, and increased member turnover, according to the company’s second quarter earnings release.
Weiterlesen »

WeWork's Multitasking FailureWeWork's Multitasking FailureWeWork's inability to focus on its core business has led to its current state of distress. Despite its potential inability to continue as a 'going concern,' the company inadvertently helped a more conservative competitor by shouldering some of the heavy lifting. The latest financial results only further highlight the company's troubles, with declining occupancy and significant cash burn.
Weiterlesen »

WeWork's dire warning signals commercial real estate is in big troubleWeWork's second-quarter earnings report reveals alarming signs for the US commercial real estate sector, indicating potential trouble ahead.
Weiterlesen »



Render Time: 2025-02-28 06:51:41