No Picture
Trading Ideas

WeWork IPO: What Every Investor Needs to Know

WeWork, the shared workspace provider, filed its initial public offering (IPO) paperwork in December 2018. Eight months later WeWork has released its paperwork to the public, and a WeWork IPO seems imminent. The company had been planning on a September 2019 IPO, but sources say WeWork could go public as early as next week.
According to Bloomberg, a WeWork IPO could potentially raise $3.5 billion. That would make it the second largest U.S. IPO this year, behind Uber (NYSE: UBER). Though negotiations are ongoing and the terms are not finalized, it is highly likely JPMorgan Chase and Goldman Sachs will underwrite …read more […]