WE
WeWork Inc.
Delisted
WE was delisted on the 3rd of November, 2023.
About: WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.
Employees: 4,300
Financial journalist opinion
Negative
Invezz
11 months ago
WeWork CEO David Tolley to step down as company exits bankruptcy
WeWork announced on Tuesday that its Chief Executive Officer and Director, David Tolley, will step down following the company's global restructuring. The transition is set to occur officially once WeWork emerges from Chapter 11 bankruptcy, which is expected to happen later today.
Negative
New York Post
11 months ago
WeWork cleared to exit bankruptcy as it moves on from Adam Neumann
WeWork had rejected an alternate buyout proposal offered by its co-founder Adam Neumann.
Positive
Forbes
1 year ago
WeWork, Bed Bath & Beyond And The Wildest Stock Hustles Of 2023
The only thing you had to do to make money in the stock market in 2023 was buy a low-fee index fund and sit on the couch. The S&P 500 Index shot up more than 20% and the Dow hit a record high this month.
Neutral
PRNewsWire
1 year ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation of Wework, Inc.
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Wework, Inc. ("WE" or the "Company") (NYSE: WE) (formerly known as BowX Acquisition Corp. ("BOWX")). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the WE/BOWX board of directors.
Positive
Reuters
1 year ago
WeWork appoints insider Claudio Hidalgo as COO
Shared office space provider WeWork Inc has appointed insider Claudio Hidalgo as chief operating officer, the company said on Tuesday.
Neutral
InvestorPlace
1 year ago
7 Sorry Meme Stocks to Sell in December
In the unpredictable terrain of the stock market, meme stocks to avoid have become a critical watchlist for investors. The social media-driven phenomenon has effectively turned stocks you'd typically avoid into viral sensations, leading to temporary price surges as communities rally to boost their value.
Negative
TechXplore
1 year ago
Opinion: WeWork approached physical space as if it were virtual, which led to the company's downfall
On Nov. 6, the co-working firm WeWork filed for bankruptcy. WeWork, founded by Adam Neumann and Miguel McKelvey in 2010, had a simple business model: it signed long-term leases on urban buildings, fitting them out with modern work facilities.
Positive
Reuters
1 year ago
Bankrupt WeWork enters financing agreements with certain lenders
WeWork said on Tuesday it had secured commitments for up to $682.5 million in debtor-in-possession financing from some of its lenders, weeks after the shared office space provider filed for bankruptcy protection.
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