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WeWork shares suspended as investors brace for bankruptcy filing

Shares in the company, which raised ‘substantial doubt’ over its future in August, are down 98% this year

Shares in WeWork were suspended on Monday as Wall Street braced for the shared office space provider to file for bankruptcy.

Trading in the struggling company’s stock was halted ahead of the opening bell on the New York stock exchange, following reports it was preparing to lodge a filing for Chapter 11 protection.

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