Question
Use the dividend growth model (DGM) or the discounted free cash flow (DCF) model, and estimate the WeWork corporation market value and stock price as
Use the dividend growth model (DGM) or the discounted free cash flow (DCF) model, and estimate the WeWork corporation market value and stock price as of 11/03/2023. WeWork recently announced a substantial cash burnout problem, and their business model may not sustain. As a result, its stock price plummeted to $1.22 (as of 11/1/2023) even though its market capitalization (i.e., market firm value) was $47 billion in 2019 after Softbank group made the first of its total $18.5 billion investment in the company in 2017. The all-time high WeWork stock closing price was $13.71 on April 05, 2021.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started