- **Their 4% increase in revenue doesn't make up** for the fact that net losses are still at -$397M for the quarter

- **$680M of liquidity,** including $205M in cash and $475M of loan capacity.

- **Would last 2 more quarters** based on current results.

- **“Substantial doubt exists** about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is contingent upon successful execution of management’s plan to improve liquidity and profitability over the next 12 months.”

WeWork stock is down -37% today, which takes its market cap down to $278M


![Image upload](https://cdn.commonstock.com/8dffc0af9bd66a2017d9232c7378f40d4fddc101fae19839ed1f12f8f6c26921-2962x1682.png)

How do you get rugged by the same company TWICE?