The Stock Market Isn't Doing So Great Right Now

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Analyst at Center Square said, quote, I think they've got another year of rope left. One of the biggest issues is just that the stock market is not doing so great right now. It's really bad for a office company that is deeply unprofitable. So at this point, how would we work, raise new money? How can they do that? Can they raise any more debt?"

Ahead of its third quarter earnings, TRD's Deconstruct chats with senior reporter Keith Larsen about where WeWork stands and how it’s going about cutting costs under CEO Sandeep Mathrani. The company faces a difficult road in its effort to bounce back from its disastrous 2019 IPO attempt and navigate a struggling office fundamentals at the same time.