WeWork – Not a Surprising Demise To Some Analysts!

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According to CNN.com, WeWork, the beleaguered coworking space company, has filed for bankruptcy, marking a stunning downfall for what was once the world’s most valuable startup.

Questions:

1. Around its peak, what was the company’s stock valued at?

2. WeWork plans to stay open and operational as it does what?

3. According to the article, was the pandemic responsible for the company’s demise?

Source:

Thorbecke, C. (2023). WeWork files for bankruptcy. CNN.com, November 7 (Retrievable online at https://www.cnn.com/2023/11/06/business/wework-bankruptcy/index.html)

WeWork’s Time has Come