Short sellers make their move on WeWork
Short sellers have piled onto WeWork as the coworking firm failed to deliver on promises of turning a profit in its first full year as a publicly traded company. Investors held short positions on...
WeWork, also known as We Company, is a co-working organization known to provide space for start-ups, tech companies, and more.
Headquartered in: New York, New York
Founded in: 2010
Founded by: Adam Neumann and Miguel McKelvey
Short sellers have piled onto WeWork as the coworking firm failed to deliver on promises of turning a profit in its first full year as a publicly traded company. Investors held short positions on...
Co-working companies have an opportunity as office leasing sags amid the rise of remote and hybrid working due to the pandemic, companies looking for a more flexible workspaces. Which co-working companies are most primed...
It’s been rough going for WeWork. The co-working company’s bonds are at junk status, its losses are eye-popping and...
After another brutal quarter, WeWork no longer expects to become profitable this year. The once-high-flying coworking firm lost $629...
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WeWork was on the verge of the corporate comeback story of the century. Wild child CEO Adam Neumann was...
Starwood Capital is at its wits end with Joel Schreiber. Barry Sternlicht’s firm is suing Schreiber, best known as...
UPDATED Sept. 7, 2022, 4:09 p.m.: A decade ago, developer Lela Goren helped lead the conversion of a handsome...