Markets News 

Private market gives WeWork shares the cold shoulder

“There’s just a greater level of scrutiny overall in terms of transactions in the private market,” Leung said” writes Midwest Communications Inc for 95kqds.com. Outside of company sanctioned share sales, WeWork shares are not directly tradable because of the terms under which they were issued.WeWork declined to comment on the trading activity of its shares in the private market.That synthetic WeWork stock would currently fetch $20 or less per share, according to one investor who is active in the private market.Without an IPO, investors and employees looking to cash out would need to turn to the private market, which is less liquid and more opaque than public markets.
 
Source: 95kqds.com



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