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WeWork makes US stock market debut after SPAC merger, shares rise 8%
short by Krishna Raj / on Thursday, 21 October, 2021
WeWork's shares rose as much as 8% in its US stock market debut on Thursday. The firm went public after BowX Acquisition, a special purpose acquisition company (SPAC), completed its purchase of WeWork. The company had attempted to go public in 2019 but failed after investors raised concerns over its business model and corporate governance.
read more at BloombergQuint