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InvestorPlace - Stock Market News, Stock Advice & Trading Tips ShiftPixy (NASDAQ: PIXY ) stock is on the move Friday after the gig economy company announced special purpose acquisition company (SPAC) plans. Source: Dmitry Demidovich/ShutterStock.com ShiftPixy has revealed...
Remote and hybrid work will be a permanent shift in the labor force. WeWork was surprisingly resilient in 2020 and managed to cut billions in excess costs. Adam Neumann, the controversial former CEO, has been replaced by Sandeep Mathrani. SPAC-IPO structure gives us a unique i...
Upslope Capital Management is a Colorado registered investment adviser. Upslope's core investment approach is a concentrated, long/short equity strategy, focused on mid-cap businesses. Upslope also manages a long-only version of the strategy. Q1 was challenging, much like other period...
Co-working leader WeWork scrapped plans for an IPO a couple years ago, but we recently learned the company is finally going public through a SPAC merger. Blank-check company BowX Acquisition Corp (NASDAQ: BOWX) is taking WeWork public, and at a significantly lower valuation than bef...
I took a look at three stocks to avoid last week, predicting that Norwegian Cruise Line Holdings (NYSE: NCLH) , GameStop (NYSE: GME) , and Blink Charging (NASDAQ: BLNK) would have a bad week. The three stocks averaged a huge 8% gain for the week. The S&...
Wework and BowX Acquisition Corp. (NASDAQ: BOWX) reported entry into a definitive merger agreement that will allow WeWork to become a publicly listed company. The transaction values WeWork at an initial value of USD 9 Billion as it will provide WeWork with USD 1....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips WeWork is looking to go public but the real estate company isn’t planning to do so through a normal initial public offering (IPO). Instead, it’s looking at a merger with special purpose acquisition company (...
WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space market and the future of work Within the past year, WeWork has made significant progress in the ongoing transformation o...
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WeWork (WE) Stock Surged In Its Market Debut After SPAC Merger WeWork ’s ( NYSE: WE ) stocks rose this week in light of its’ market debut, after a tumultuous journey that included the implosion of its previous initial public offering (IPO) plans and the...
WeWork to begin trading on the New York Stock Exchange under the ticker symbol “WE” starting October 21, 2021 Business combination that closed on October 20, 2021 provides WeWork with the previously announced gross cash proceeds of approximately $1.3 billion, prior t...
Merger is expected to close on or around October 20, 2021 Transaction expected to provide WeWork with approximately $1.3 billion in cash, prior to expenses, full amount expected in initial agreement announced on March 26, 2021. Combined company to be named WeWork and will begi...