Connect with us

Hi, what are you looking for?

Business

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

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

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.

You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...