BTIG Research downgraded WeWork from Buy to Neutral

Mizuho downgraded WeWork from Buy to Neutral and set a new price target of $0.30 from $1.75 previously

BTIG Research initiated coverage of WeWork with a rating of Buy and set a new price target of $7.50

Cantor Fitzgerald initiated coverage of WeWork with a rating of Overweight and set a new price target of $8.00

UBS initiated coverage of WeWork with a rating of Neutral and set a new price target of $6.50

Credit Suisse initiated coverage of WeWork with a rating of Outperform and set a new price target of $11.00

Mizuho initiated coverage of WeWork with a rating of Buy and set a new price target of $9.00

Piper Sandler initiated coverage of WeWork with a rating of Overweight and set a new price target of $10.00

WeWork Inc (NYSE:WE) shares are in the spotlight Tuesday after the company filed for bankruptcy.  What Happened: Late Monday, WeWork announced it filed for Chapter 11 bankruptcy protection and commenced a comprehensive reorganization to strengthen its capital structure and financial performance.  The company noted that it had entered into agreements with approximately 92% of its secured note holders and intends to cut its commercial office lease portfolio. WeWork's bankruptcy filing shows liabilities ranging from $10 billion to $50 billion. The bankruptcy is limited to WeWork locations in the U.S. and Canada.  "Now is the time for us to pull the future forward by aggressively addressing

Office-space provider, WeWork (NYSE:WE), has filed for Chapter 11 bankruptcy protection, as it faces liabilities between $10 billion and $50 billion. The filing is limited to the company’s locations in the U.S. and Canada, CNBC reported. The firm stated that it had entered into agreements with a majority of its secured noteholders and plans to cut “non-operational” leases. “We remain committed to investing in our products, services, and world-class team of employees to support our community,” said WeWork CEO David Tolley. See Also: Bitcoin, Ethereum, Dogecoin Mixed As Rally Hits Pause: Analyst Says Apex Crypto ‘A Brain Dead Play’ Now, Investors Lucky If They ‘Get A Dip Below This Le

WeWork Inc (NYSE:WE) shares are trading higher Monday amid increased volatility in the stock following the circulation of a fraudulent press release. What To Know: On Friday, a press release suggesting Cole Capital Funds was seeking to acquire 51% of WeWork's minority ownership shares for $9 per share in cash made the rounds. The press release has since been deemed fake. The fraudulent press release detailed a letter that Cole Capital supposedly sent to WeWork's board. "Our vision for the company involves a significant expansion of the offerings available to the growing WeWork community, including additional properties which are under consideration in markets across the United States. We

U.S. stocks traded higher toward the end of trading, after the Federal Reserve announced its policy decision. The Dow traded up 0.40% to 33,185.41 while the NASDAQ rose 0.92% to 12,969.54. The S&P 500 also rose, gaining, 0.67% to 4,221.94. Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying   Leading and Lagging Sectors Information technology shares jumped by 1.2% on Wednesday. In trading on Wednesday, materials shares fell by 0.6%.   Top Headline The Federal Reserve opted to maintain interest rates at the range of 5.25% to 5.5% during its November meeting, as widely anticipated by the market.   Equities Trading UP Cellectis S.A. (NA

Gainers Cellectis S.A. (NASDAQ:CLLS) shares jumped 136% to $2.2799. Cellectis reported strategic collaboration and investment agreements with AstraZeneca. Cellectis also presented pre-clinical data on multi-armored allogeneic MUC1-CAR T-cells targeting triple-negative breast cancer at the Society for Immunotherapy of Cancer 38th Annual Meeting. Patriot Transportation Holding, Inc. (NASDAQ:PATI) climbed 104.8% to $15.73. Patriot Transportation announced an agreement under which United Petroleum Transports will acquire all of the outstanding shares of Patriot common stock for $16.26 per share in cash. Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) gained 33% to $2.2780. Aldeyra Therapeutics e

WeWork Inc (NYSE:WE), the co-office space start-up that was once valued at nearly $50 billion (more than the market cap of Ford), will reportedly file for bankruptcy next week. The stock is now down more than 99% from its listing price but remains above $1 a share.  Shares of companies that are on the verge of bankruptcy can sometimes experience a so-called ‘dead-cat bounce’ on the way out. Recall how, earlier this year, Bed Bath & Beyond’s stock moved higher despite announcing it would officially file for Chapter 11 bankruptcy. Some investors may think that the zombie company will be acquired for parts by a larger corporation. Other traders may be looking for some sort of ‘dead-cat boun

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday. The Dow traded up 0.55% to 33,233.33 while the NASDAQ rose 0.87% to 12,962.92. The S&P 500 also rose, gaining, 0.74% to 4,224.85. Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying   Leading and Lagging Sectors   Information technology shares jumped by 1.3% on Wednesday. In trading on Wednesday, utilities shares fell by 0.1%.   Top Headline   The ISM manufacturing PMI fell to 46.7 in October versus 49 in the prior month, compared to market expectations of 49.   Equities Trading UP   Cellectis S.A. (NASDAQ:CLLS) s

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3 - WeWork Inc. (0001813756) (Issuer)

3 - WeWork Inc. (0001813756) (Issuer)

3 - WeWork Inc. (0001813756) (Issuer)

Company's Strategic Transformation Efforts Continue WeWork Inc. (NYSE:WE) ("WeWork" or the "Company"), the leading global flexible space provider, today announced that David Tolley has been named Chief Executive Officer. Tolley has served as a WeWork Board Member since February 2023 and as interim Chief Executive Officer since May 2023. "WeWork's ability to define and lead an evolving world of work is a direct result of the tenacity and hard work of our employees who have built an exceptional product, member experience, and brand," said Tolley. "As companies continue to rethink their office strategies, and demand for flexible office space continues to grow, WeWork offers a unique suite

WeWork Inc. (NYSE:WE), the leading global flexible space provider, today announced the appointment of Paul Aronzon, Founder of PSA Consulting; Paul Keglevic, former CEO, CFO and CRO of Energy Future Holdings; Elizabeth LaPuma, former Managing Director, Head of Balance Sheet Advisory at UBS, and Henry Miller, a Co-founder and retired Partner of Marblegate Asset Management, LLC, to the WeWork Board of Directors with immediate effect. "These new director appointments bring a fresh perspective and renewed commitment to the Board and our company," said David Tolley, Interim Chief Executive Officer of WeWork. "The deep financial expertise and robust business experience that each of our new dire

WeWork Inc. (NYSE:WE), a leading global flexible space provider, today announced that Daniel Hurwitz, co-founder & CEO of Raider Hill Advisors, has joined WeWork's Board of Directors, effective June 23, 2022. He succeeds Jeffrey Sine, co-founder and partner of The Raine Group, who served on WeWork's Board since October 2019. With more than three decades of experience transforming public and private businesses in the retail real estate industry, Hurwitz will bring exceptional insight to WeWork's Board of Directors. Before co-founding Raider Hill Advisors, Hurwitz spent 16 years at SITE Centers (NYSE:SITC) – formerly known as DDR Corp. – serving in various executive roles, including Chief Ex

WeWork Inc. (NYSE:WE) ("WeWork" or the "Company"), a leading global flexible space provider, announced today the appointment of Andre J. Fernandez as Chief Financial Officer effective June 10, 2022. Fernandez joins WeWork with more than thirty years of experience in financial and executive leadership roles. Most recently, Fernandez served as Executive Vice President & Chief Financial Officer of NCR Corporation, an $8 billion global leader in enterprise software, services and hardware for the banking, retail and hospitality industries. Prior to NCR Corporation, he held executive positions as President & Chief Executive Officer of CBS Radio; President & Chief Operating Officer of Journal Com

WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that on Tuesday, August 8, 2023, it will issue financial results for the second quarter ending June 30, 2023. The company will conduct a conference call at 8:00 A.M. EDT on Wednesday, August 9, 2023, following the release of its earnings materials. Earnings call details will be available on WeWork's Investor Relations website at investors.wework.com. Questions must be submitted in advance to [email protected]. A replay of the conference call will be available at the same website after the call. The company's financial results and earnings release will be available on WeWork's Investor Relatio

WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that on Tuesday, May 9, 2023, it will issue financial results for the first quarter ending March 31, 2023. The company will conduct a conference call at 8:00 AM ET, following the release of its earnings materials. Earnings call details, the company's earnings release, and related materials will be available on WeWork's Investor Relations website at investors.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission,

 Preserving long-term stockholder value by adopting a Section 382 rights plan intended to protect tax assets by reducing the likelihood of an ownership change (as defined in the Internal Revenue Code) Tax Asset Preservation Plan in effect immediately to deter any person or group from acquiring beneficial ownership of 4.9% or more of WeWork's outstanding Class A common stock and compromising the availability of WeWork's NOLs and other tax attributes WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that its Board of Directors (the "Board") has adopted a stockholder rights plan designed to protect long-term stockholder value by preserving the

WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that on Thursday, February 16, 2023, it will issue financial results for the fourth quarter and full year ending December 31, 2022. The Company will conduct a conference call at 8:00 AM ET, following the release of its earnings materials. Preliminary numbers show the Company made gains in revenue and adjusted EBITDA through Q4 2022 exceeding guidance provided in the Company's Q3 2022 earnings call. In connection with its portfolio optimization and in continuing to streamline operations, the Company has announced plans for headcount reductions which would account for approximately 300 roles in its

WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that on Thursday, November 10, 2022, it will issue financial results for the third quarter ending September 30, 2022. The company will conduct a conference call at 8:00 AM ET, following the release of its earnings materials. Earnings call details, the company's earnings release, and related materials will be available on WeWork's Investor Relations website at investors.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Co

WeWork Inc. (NYSE:WE) ("WeWork"), one of the leading global flexible space providers, today announced that on Thursday, August 4, 2022, it will issue financial results for the second quarter ending June 30, 2022. The company will conduct a conference call at 8:00 (ET), following the release of its earnings materials. Earnings call details, the company's earnings release, and related materials will be available on WeWork's Investor Relations website at investors.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Co

WeWork Inc. (NYSE:WE) ("WeWork") will hold its quarterly conference call to discuss its first quarter 2022 financial results on Thursday, May 12 at 9:00 a.m. Eastern Time. A live webcast of the conference call and earnings release materials will be available on WeWork's Investor Relations website at investors.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts and the investor relations section of its website (investors.wework.com) in order to achieve br

WeWork Inc. (NYSE:WE) ("WeWork") will hold its quarterly conference call to discuss its fourth quarter 2021 financial results on Friday, March 11, 2022 at 9:00 a.m. Eastern Time. A live webcast of the conference call and earnings release materials will be available on WeWork's Investor Relations website at investors.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts and the investor relations section of its website (investors.wework.com) in order to ach

WeWork Inc. (NYSE:WE) will hold its quarterly conference call to discuss its third quarter 2021 financial results on Monday, November 15, 2021 at 9:00 a.m. Eastern Time. A live webcast of the conference call and earnings release materials will be available on WeWork's Investor Relations website at investor.wework.com. A replay of the conference call will be available at the same website after the call. WeWork announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts and the investor relations section of its website (investors.wework.com) in order to achieve broad