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WeWork says it has 'substantial doubt' about its ability to stay in business

“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. ....

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WeWork Issues Going Concern Warning

By Ben Glickman WeWork said Tuesday that there was substantial doubt about the company's ability to continue as a going concern. The New York-based. ....

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WeWork Shares Tumble 29% After Issuing Going Concern

By Ben Glickman Shares of WeWork tumbled after the company said it may not be able to continue as a going concern. The stock was recently down 29% to 15. ....

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WeWork Posts Wider-Than-Expected Loss Amid Low Demand

By Ben Glickman WeWork's second-quarter loss narrowed but was more than expected as the company faced higher member churn. The New York-based co-working. ....

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WeWork Issues Going-Concern Warning

WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work. ....

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