WeWork Inc provides flexible workspace solutions to individuals and organizations worldwide.
infoWeWork is a micro cap stock with a total market cap of 96.79M.
infoThey trade on the NYSE and had their IPO 1 year and 10 months ago.
infoWeWork currently employs 4300 people.
infoAs of Wednesday, Aug 23 2023, WeWork’s share price is $0.1221.
News Relating to WeWork
InvestorPlace
WE Stock Alert: Is WeWork on the Brink?
Wednesday Aug 23 2023 at 16:43
Should investors be preparing for a WeWork (NYSE: WE ) bankruptcy? At this point, it certainly seems likely.
Reuters
WeWork tapping advisers for restructuring help – Bloomberg News
Wednesday Aug 23 2023 at 13:16
WeWork is tapping advisers for restructuring advice as it struggles with a heavy debt load and poor financial performance, Bloomberg News reported on Wednesday citing people familiar with the matter.
InvestorPlace
WE Stock Alert: NYSE Plans to Delist WeWork Warrants
Tuesday Aug 22 2023 at 14:22
2023 has all been downhill for WeWork (NYSE: WE ), as its shares have experienced a 90% decline this year. Even worse, the New York Stock Exchange (NYSE) announced this morning that it has decided to begin the process of delisting the company’s warrants, each of which is exercisable for one share of WE stock.
InvestorPlace
Worst of the Worst: 3 Meme Stocks to Sell Before They Hit Rock Bottom
Tuesday Aug 22 2023 at 11:25
Meme stocks became a cultural sensation when Gamestop (NYSE: GME ) went parabolic in 2021. The move shocked many investors and put short sellers in a challenging spot.
InvestorPlace
3 Stocks to Skip Even if the Meme Stock Rally Continues
Monday Aug 21 2023 at 09:10
After a summer rally for meme stocks, the party appears to be winding down. August has traders looking at meme stocks to sell, with many formerly popular names taking big tumbles.
Forbes
Five Reasons Not To Bet $1,000 On WeWork Stock
Sunday Aug 20 2023 at 11:39
WeWork announced August 18 it is moving forward with a 1-for-40 reverse stock split in a bid to maintain its NYSE listing.
24/7 Wall Street
WeWork On Sale For 10 Cents
Saturday Aug 19 2023 at 11:38
WeWork’s Stock sells for just above 10 cents and will likely fall below that soon.
CNN Business
WeWork announces 1-for-40 reverse stock split to avoid getting kicked off the New York Stock Exchange
Friday Aug 18 2023 at 18:08
WeWork (WE) announced a new plan Friday to save its plummeting stock from getting kicked off the New York Stock Exchange, less than two weeks after telling investors it had doubts about its ability to stay in business.
CNBC
WeWork plunges another 11% after announcing reverse stock split to try and keep NYSE listing
Friday Aug 18 2023 at 16:18
Once valued at $40 billion on the private market, WeWork is now desperate to keep its NYSE listing by trying to push its stock price back above $1.
Yahoo Finance
Hawaiian Electric, MSG Entertainment, WeWork: Trending stocks August 18, 2023
Friday Aug 18 2023 at 11:29
The S&P 500 (^GSPC) ticks down this morning, signaling another losing week for stocks amid elevated inflation and the Fed’s ongoing interest rate cycle debate. Utility company Hawaiian Electric (HE) receives a stock upgrade from Wells Fargo analysts amid a class-action lawsuit over the fires that devastated Maui.
New York Post
WeWork takes drastic step to comply with NYSE listing rules again
Friday Aug 18 2023 at 11:27
WeWork, once privately valued at $47 billion, now has a market capitalization of about $336 million in a stunning reversal of fortune.
InvestorPlace
WE Stock Alert: WeWork Announces 1-for-40 Reverse Split
Friday Aug 18 2023 at 11:08
In a last-ditch effort to regain compliance, WeWork (NYSE: WE ) has opted for a 1-for-40 reverse stock split to remain on the New York Stock Exchange. The company says that this reverse split will take effect on Sept.
Proactive Investors
WeWork stock drops on reverse stock split plans
Friday Aug 18 2023 at 08:46
WeWork Inc (NYSE:WE) shares sank as much as 14% in pre-market trading on Friday after the flexible office space provider announced plans for a 1-for-40 reverse stock split of its outstanding shares of Class A common stock and Class C common stock. The reverse stock split will go into effect at 4:01 PM EDT on September 1, 2023, and begin trading on a post-split basis at the market open on September 5, the company said in a statement.
Market Watch
WeWork announces 1-for-40 reverse stock split to regain compliance with NYSE listing rules
Friday Aug 18 2023 at 06:38
WeWork Inc. WE, +5.20% said Friday it will proceed with a 1-for-40 reverse stock split on Sept. 1, as the office-sharing company struggles to regain compliance with the New York Stock Exchange’s $1 minimum closing price required to continue listing.
InvestorPlace
Bruce Dunlevie Just Slashed His Stake in WeWork (WE) Stock
Thursday Aug 17 2023 at 15:02
Few companies have seen the fall from grace WeWork (NYSE: WE ) has in such a short amount of time. WE stock has gone from around $4.50 per share one year ago to around 16 cents apiece at the time of writing.
Market Watch
WeWork’s roles as owner and tenant collide in San Francisco high-rise as company tries to stay afloat
Tuesday Aug 15 2023 at 17:18
When WeWork this spring stopped paying rent at an office tower in the heart of San Francisco, it dealt an especially harsh blow to the building’s landlord.
MarketBeat
Can WeWork Become A Meme Stock Success Story?
Tuesday Aug 15 2023 at 07:21
WeWork NYSE: WE has joined the ranks of companies achieving meme status, with its shares surging nearly 100% from Wednesday’s lows, accompanied by significant trading volume. This surge in WeWork’s stock is part of an emerging pattern where individual investors seem to gravitate towards companies teetering on the edge of bankruptcy.
InvestorPlace
3 Sorry Meme Stocks to Sell in August Before It’s Too Late
Monday Aug 14 2023 at 12:32
Meme stocks have had an eventful summer, with many popular shares seeing sharp rallies. While enthusiasm may not be back to peak 2021 levels, interest is certainly up.
InvestorPlace
3 Meme Stocks that You Should Sell Before they Become the Next Tupperware
Sunday Aug 13 2023 at 16:23
By no means is this discussion about meme stocks to sell an indication that you should avoid the sector altogether. Sometimes, it’s good to just have fun (responsibly, of course) in the market.
Yahoo Finance
How a WeWork collapse could impact the NYC real estate market
Sunday Aug 13 2023 at 11:30
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Seeking Alpha
WeWork Inc. (WE) Q2 2023 Earnings Call Transcript
Saturday Aug 12 2023 at 15:07
WeWork Inc. (NYSE:WE ) Q2 2023 Results Conference Call August 9, 2023 8:00 AM ET Company Participants Kevin Berry – Senior Vice President, Investor Relations David Tolley – Chief Executive Officer Kurt Wehner – Chief Financial Officer Operator Ladies and gentlemen, thank you for standing by, and welcome to the WeWork Q2 2023 Earnings Call. I would now like to turn the call over to Kevin Berry.
Business Insider
Why WeWork may be the next hot meme stock
Saturday Aug 12 2023 at 08:15
Warning investors you company could be on the verge of bankruptcy is not as bad as it sounds in meme-stock world. Companies that have recently warned of imminent bankruptcy have seen their stock prices soar.
WSJ
The Score: Eli Lilly, WeWork, Walt Disney and More Stocks That Defined the Week
Friday Aug 11 2023 at 17:37
Here are some of the major companies whose stocks moved on the week’s news.
InvestorPlace
Is WeWork (WE) Stock the Next Bed Bath & Beyond?
Friday Aug 11 2023 at 16:43
The search for the next meme stock has brought investors to another company that has truly fallen from grace. WeWork (NYSE: WE ) made headlines as one of the market’s newest game-changers just a few short years ago.
Reuters
Retail investors flock to penny stocks WeWork, Amyris, Proterra
Friday Aug 11 2023 at 11:22
WeWork, a prized startup just four years ago but now a micro-cap, and other penny stocks such as Amyris and Proterra are the latest focus of speculative bets from retail traders, with shares of the financially struggling firms rising in strong trading volume after hitting record lows this week.
InvestorPlace
Why Is WeWork (WE) Stock Up 27% Today?
Friday Aug 11 2023 at 07:51
WeWork (NYSE: WE ) stock is rising on Friday despite the office space company warning investors it might not be able to stay in business. According to WeWork, there is “substantial doubt” that it will be able to continue operations over the next year.
Market Watch
If America debt spiral gets worse, here’s the stock that may benefit, says fund manager
Friday Aug 11 2023 at 06:33
Wall Street is undecided about trying for another rally on Friday, according to early trading in futures. That’s in keeping with the struggle it has been of late, with the S&P 500 SPX down six of the last eight sessions amid August’s bearish tendencies.
InvestorPlace
7 Stocks to Leave for Dead After Dismal Q2 Earnings
Thursday Aug 10 2023 at 20:47
Some of the top companies on the market just posted poor second-quarter financial results. While company executives always do their best to put a positive spin on their quarterly numbers.
The Motley Fool
Why WeWork Stock Skyrocketed Today
Thursday Aug 10 2023 at 17:26
Yesterday, WeWork stock plunged after the company warned “substantial doubt exists” related to its ability to continue operating. The company is quickly exhausting its remaining liquidity.
InvestorPlace
WE Stock Alert: WeWork Surged 100% on Bankruptcy Warning
Thursday Aug 10 2023 at 16:26
WeWork (NYSE: WE ) stock briefly rocketed up a staggering 110% today after the company flashed a bankruptcy signal to investors. WE stock closed out the day at a less staggering 46% up.
WeWork Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
WeWork’s Altman Z-score is -1.69 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
WeWork Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, 2 insiders have sold $3.54M of common stock in WeWork on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
WeWork’s Income Quality of 0.26 is greater than its Industry Group of -0.09 (388.9% greater)
WeWork’s Income Quality of 0.26 is lower than its Major Industry Group of 0.52 (-50.0% lower)
WeWork’s Income Quality of 0.26 is lower than its Sector of 0.58 (-55.2% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
WeWork’s Current Ratio of 0.34 is lower than its Industry Group of 1.98 (-82.8% lower)
WeWork’s Current Ratio of 0.34 is lower than its Major Industry Group of 1.59 (-78.6% lower)
WeWork’s Current Ratio of 0.34 is lower than its Sector of 1.3 (-73.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-0.05 & 5.67)
Cannot compare a negative PE Ratio (-0.05 & 0.01)
Cannot compare a negative PE Ratio (-0.05 & 7.86)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Cannot compare a negative PB Ratio (-0.03 & 0.62)
Cannot compare a negative PB Ratio (-0.03 & 0.99)
Cannot compare a negative PB Ratio (-0.03 & 0.72)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
WeWork’s ROE of 0.5 is greater than its Industry Group of 0.01 (4900.0% greater)
WeWork’s ROE of 0.5 is greater than its Major Industry Group of 0.03 (1566.7% greater)
WeWork’s ROE of 0.5 is greater than its Sector of 0.04 (1150.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
WeWork’s ROCE of -0.08 is lower than its Industry Group of 0.04 (-300.0% lower)
WeWork’s ROCE of -0.08 is lower than its Major Industry Group of 0.04 (-300.0% lower)
WeWork’s ROCE of -0.08 is lower than its Sector of 0.02 (-500.0% lower)
Derived from SEC.GOV filing dataopen_in_new