We Won't Work? WeWork CEO Adam Neumann Officially Resigns

Author:
Publish date:
Video Duration:
0

We out? 

WeWork CEO Adam Neumann officially resigned Tuesday, Sept. 24. 

This follows a dramatic saga after the company filed its S-1 a couple of weeks ago. 

TheStreet's Annie Gaus and Tiernan Ray joined Katherine Ross to break down what investors need to know about the We Company. 

"The We Company, the corporate parent of We Work, saw revenue more than double to $1.54 billion during the six months ended in June, according to its IPO prospectus, filed last month. Of course, its operating loss also more than doubled in that time, to $1.37 billion," wrote Ray. 

Watch the full video above. 

Premium Pick: As Usual, Equities Are the Last Ones to Get What Is Really Happening

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM

Latest News: Two Headwinds For Stocks, S&P 500 to Kick off the Week

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below