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May 18, 2023
WeWork is likely a candidate for bankruptcy after a catastrophic earnings report and the departure of its CEO.
May 18, 2023
WeWork Inc.’s stock fell 24.7% to a record low on Wednesday, after the office-sharing company announced the imminent departure of its chief executive,…
May 18, 2023
WeWork Inc. (NYSE: WE) has moved close to a catastrophic failure. It recently got $500 million in debt, but the interest rate on it is exceptionally high.…
May 18, 2023
Mizuho lowered shares of WeWork (NYSE:WE – Get Rating) from a buy rating to a neutral rating in a report released on Wednesday morning, The Fly reports. Separately, BTIG Research decreased their price target on WeWork from $7.50 to $3.00 and set a buy rating for the company in a research note on Tuesday, March […]
May 18, 2023
Mizuho downgraded shares of WeWork (NYSE:WE – Get Rating) from a buy rating to a neutral rating in a research report report published on Wednesday morning, The Fly reports. Separately, BTIG Research decreased their target price on WeWork from $7.50 to $3.00 and set a buy rating for the company in a research note on […]
May 17, 2023
WeWork Inc on Tuesday said that Sandeep Mathrani would step down as the workspace provider's chief executive officer, effective May 26, while Sycamore Partners named him as a director to lead its real estate activity.
May 17, 2023
WeWork Inc. Chief Executive Officer and Chairman Sandeep Mathrani is stepping down to take a job at Sycamore Partners, bringing fresh upheaval to a former high-flier in the midst of a restructuring effort.
May 17, 2023
WeWork Inc. (NYSE:WE – Get Rating) has been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective […]
May 17, 2023
Sandeep Mathrani will become a director at Sycamore Partners.
May 17, 2023
Bernstein sees trouble for Tesla. Bank of America upgraded a mobile tech stock.