this post was submitted on 19 Aug 2023
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73
WeWork announces 1-for-40 reverse stock split to retain New York listing (www.ft.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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WeWork announces 1-for-40 reverse stock split to retain New York listing::US office space group recently warned it faced ‘substantial doubt’ about ability to continue as a going concern

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[–] Thekingoflorda@lemmy.world 16 points 1 year ago (2 children)

They are overpriced, and have no real value except in very niece situations. This video explained it pretty well I think: https://youtu.be/IiO9eSd_v4E?si=8jh404sxNtFqLhIk

[–] PipedLinkBot@feddit.rocks 3 points 1 year ago

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[–] GiddyGap@lemm.ee 1 points 1 year ago

Thank you very much.