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@sasha_yesina
Sasha Yesina
"We are so early" | I was 27 when I bought my first stock
60 following8 followers
WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%
  • 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
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@charity08/09/2023
How do you get rugged by the same company TWICE?
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Barbenheimer
Both Barbie and Oppenheimer boosted box office earnings, bringing in $236 million in the US and Canada, but Barbie delivered more than half of the profits: $155 million— and registered the largest domestic opening of 2023.
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Here;s how Barbie and Oppenheimer compared to previous opening weekend box office duos:
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+ 1 comment
Barbenheimer
This is the first time in box office history that two movies opened to over $80M each.

Usually we get excited when two movies open at over $50M each. This weekend was the first time that's happened in a decade.

Is this the biggest top 2 of all time? Technically it's only the fifth biggest, but the four other top 2s it's behind were weekends with the four single biggest openers of all time where the #2 movie made less than $15M. So really, those were just the big single openings.
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