5 Reasons WeWork’s Gigantic IPO Valuation Plunged 69%

In the age of the unicorn valuation, WeWork is only the latest company to incur massive losses and still fetch a valuation in the tens of billions of dollars.

That’s the kind of stock market that should scare investors. Not only is it indicative that the market itself is overvalued, but investors in IPOs of these unicorns are getting burned. We already know that the Uber and Lyft IPOs have been crushed – and been an incredible disappointment to investors.

Source : https://www.ccn.com/5-reasons-weworks-gigantic-ipo-valuation-plunged-69/?fbclid=IwAR3QhyhiFUO6fmRVLlf86ue6IENS8xUsSuRkdSy2bklZ1PUUL6rY7A6uQCg

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s