WeWork owner The We Company postponed its initial public offering (IPO) after a ...
- WeWork owner The We Company postponed its initial public offering after a lackluster response from investors to its plans, adding to a long list of high profile names that have failed to click as listed companies this year.
FILE PHOTO: The WeWork logo is displayed outside of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo The U.S. office-sharing startup’s latest step comes just days after Reuters reported that it might seek a valuation of between $10 billon and $12 billion, a deep discount to the $47 billion valuation it achieved in January.
While 2019 has seen some of the most recognizable private brands look hopefully at the public markets, those that did list on U.S. stock exchanges this year have had a rough year too.
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WeWork reportedly is leaning toward delaying its IPOWeWork is expected to delay its planned public offering until at least October. Previously, it was expected to complete it by the end of this month.
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WeWork parent considers delaying IPO following pushback: sourcesWeWork owner The We Company is considering delaying its initial public offering ...
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WeWork parent pulls IPO following pushback: sourcesWeWork owner The We Company took a last-minute decision on Monday to suspend pre...
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WeWork parent says IPO still on despite setbacksAs WeWork's troubled market debut is delayed, The We Company told investors they can expect a big debut on Wall Street by the end of the year
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