It's Questionable if WeWork Will Recover from its Coronavirus Infection
With WeWork no longer the darling of Wall Street, investors have to contend with how the coworking company will perform in a recessionary environment. The Coronavirus Disease (COVID-19) pandemic has caused the company to close many facilities or significantly curtail its operations. The coronavirus’ effect on the economy will take time to truly understand; however, DBRS Morningstar expects WeWork to struggle with potential disruptions to the office space in the aftermath of the pandemic.
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