Trading in WeWork halted as rumors swirl about the ability of the office sharing company to go on

Trading in WeWork halted as rumors swirl about the ability of the office sharing company to go on

6 months ago
Anonymous $HYlO-3b458

https://apnews.com/article/wework-neumann-bankruptcy-protection-1898d2dbce6dce15d68223ee5858d761

NEW YORK (AP) — Trading in shares of WeWork were halted Monday as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection.

Last week, The Wall Street Journal and other media outlets reported that WeWork was planning to file for Chapter 11 bankrutpcy protection as early as this week — citing unnamed sources familiar with the matter.