Shares of beleaguered WeWork Inc. pulled back 20.7% in premarket trades Monday, after ending Friday’s session up 23%.
WeWork’s WEWKQ stock soared on its over-the-counter debut last week, just days after the office-sharing company filed for Chapter 11 bankruptcy protection. The company filed for Chapter 11 in New Jersey on Nov. 6 and its stock was halted before the open that day. The New York Stock Exchange started the delisting process for WeWork that same day.
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