WeWork Upgraded to CCC+ by Fitch

WeWork’s QoQ Losses Narrow

WeWork reported a net loss of $889mn in Q2, slightly wider than its loss of $864mn in 2Q2020, but down from $2.1bn in 1Q2021. Revenues fell 33% from a year ago to $593mn, and were down slightly from $598mn in the previous quarter. WeWork guided for Q3 revenues to...
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