WeWork stock
WeWork (WE): filed for bankruptcy 6 Nov 2023. Peak close $527.20 a share (25 Oct 2021). Final price $0.00 a share (11 Jun 2024). WeWork and the other defunct companies are on one page, each with its dates, prices and sources.
Key dates and prices
| Ticker | WE |
|---|---|
| Listed | 2021 |
| Peak close | $527.20 a share, 25 Oct 2021 |
| Share basis | post-Sept 2023 1-for-40 reverse split shares ($13.18 per share as traded in Oct 2021, times 40) |
| Final price | $0.00 a share, 11 Jun 2024 (shareholders wiped out in bankruptcy) |
| What happened | Filed for bankruptcy, 6 Nov 2023 |
| Checked | 27 Sep 2026 |
What happened
Adam Neumann launched WeWork in 2010 to sublease office space.
A 2019 funding round led by SoftBank valued it at $47 billion; its first attempt to go public that year failed and Neumann was ousted.
It began trading on the NYSE as WE on Oct 21, 2021, after merging with the blank-check company BowX.
In Sept 2023 it did a 1-for-40 reverse stock split to try to keep its NYSE listing.
It filed for Chapter 11 on Nov 6, 2023, listing $18.65 billion of debts against $15.06 billion of assets.
After the NYSE moved to delist it, the stock traded on OTC Pink as WEWKQ from Nov 8, 2023.
It emerged on June 11, 2024 after renegotiating more than 190 leases and leaving more than 170 locations; the old shares were cancelled.
After it emerged, a Yardi Systems affiliate owned 56.1% of the new stock.
Cause: Chapter 11 over costly leases. Once valued at $47 billion. Filed 6 Nov 2023.
What was the ticker symbol for WeWork stock?
WeWork traded under the ticker WE. It was listed in 2021.
What was the peak price of WeWork stock?
The peak close was $527.20 a share, on 25 Oct 2021. Share basis: post-Sept 2023 1-for-40 reverse split shares ($13.18 per share as traded in Oct 2021, times 40).
What was the final price of WeWork stock?
The final price was $0.00 a share, on 11 Jun 2024 (shareholders wiped out in bankruptcy). WeWork: filed for bankruptcy 6 Nov 2023.
Checked 27 September 2026. History, not advice.
Sources: techcrunch.com, npr.org, cnbc.com, sec.gov, sec.gov, cnbc.com, sec.gov, sec.gov