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Evening Standard
Evening Standard
Business
Holly Williams

WeWork shares plunge on reported plans to file for bankruptcy

WeWork New York

WeWork has seen shares plunge in after-hours trading following reports that the troubled flexible office-sharing firm is preparing to file for bankruptcy.

The US-listed group saw shares tumble by more than a third in extended trading overnight after it was reported it is planning to seek a so-called Chapter 11 bankruptcy protection order as early as next week.

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