Earnings Results: WeWork flags ‘substantial doubt’ about its ability to stay in business

United States

WeWork Inc. disclosed Tuesday that there’s “substantial doubt” about its ability to continue operating, as the company seeks to improve its financial positioning.

Shares of the company, which provides co-working spaces, slid 24% in Tuesday’s after-hours trading.

WeWork WE lost $ 397 million in the second quarter and has $ 680 million of liquidity….