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🎁WeWork Bankrupt? Which Meme Stock is Next?
@Meme_Tiger:According to report by WSJ, $WeWork(WE)$ plans to file for bankruptcy as early as next week. WeWork, once highly anticipated, experienced a significant decline in value (once at $47 billion) due to management issues and investor concerns. With its business model questioned by many, will WeWork receive more funds or be acquired by big tech? $10 bln funds vs. $10 bln debts SoftBank invested substantial funds of over $10 bln, but WeWork's value plummeted by almost 98%. lose 47% on the bankruptcy news Earlier on Tuesday, the company told the US financial regulator it had agreed with creditors to temporarily postpone payments for some of its debt. As of June this year, WeWork had 777 office locations in 39 countries, with estimated lease debts of up to $10 billion through the end of 2027. Most-Shorted Stocks in October: Expect for Short Squeeze or Bankruptcy? $Faraday Future Intelligent Electric Inc.(FFIE)$ $Novavax(NVAX)$ $Wheeler Real Estate Investment(WHLR)$ $Gaucho Group Holdings, Inc.(VINO)$ $Fisker Inc.(FSR)$ Will WeWork receive more funds or be acquired by big tech? Will the most-shorted meme stocks experience short squeeze or face bankruptcy? Which stock is oversold? Vote, Comment and Repost to win tiger coins!
🎁WeWork Bankrupt? Which Meme Stock is Next?Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.