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PAng
2021-10-22

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WeWork pops more than 16% in morning trading

WeWork pops more than 16% in morning trading.In March this year, WeWork announced that it had passed

WeWork pops more than 16% in morning trading

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Including debt, the deal values WeWork at about $9 billion.</p>\n<p>In fact, as early as August 2019, WeWork formally submitted an IPO prospectus to the US Securities and Exchange Commission (SEC), announcing its listing intention. But at the end of September of the same year, WeWork withdrew its listing application.</p>\n<p>According to the report, WeWork considered postponing IPO mainly because the company realized that the valuation given by the open market was much lower than the valuation of private financing before WeWork. 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WeWork pops more than 16% in morning trading

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