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Reading: WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
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The Wall Street Publication > Blog > Tech > WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
Tech

WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO

Editorial Board Published October 21, 2021
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WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
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WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019 and the ouster of its co-founder and chief executive, Adam Neumann.

The shared-office company went public through a combination with BowX Acquisition Corp. , a special-purpose acquisition company. Shares closed 13.5% higher at $11.78 Thursday.

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