Name: WeWork (WE) Plans To File For Bankruptcy
Uploaded: 2023-11-01T17:16:28.263-05:00
Duration: 4 min 10 s

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WeWork (WE) plans to file for bankruptcy as early as next week, according to the Wall Street Journal. Kevin Green discusses this as WE missed interest payments it owed to its bondholders on October 2nd, kicking off a 30-day grace period. They struck an agreement with bondholders on October 31st to extend the grace period by 7 days. WE was once valued at $47B. Tune in to find out more about the stock market today.

WeWork (WE) Plans To File For Bankruptcy

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