Hindsight Market

The Graveyard › 2023

Wework

WE · Holding & Investment Cos · NYSE · in our data October 21, 2020 to November 3, 2023 (3 years)

The first trading day in our data for Wework is October 21, 2020 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 25, 2021, the market valued it at $9.2 billion. It ended in a collapse: the last trade was $0.84, -99.9% from its split-adjusted high. The delisting record says: likely failure.

2020-102023-11
Peak market value$9.2 billionOctober 25, 2021
Highest split-adjusted share price$548.40April 5, 2021
Last share price$0.84November 3, 2023
From its split-adjusted high to the end-99.9%
Return over the days in our data-99.8%with dividends, before the last trade
Worst single day-46.5%November 1, 2023

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 2020.

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Also gone in 2023: Holding & Investment Cos