WeWork, the office sharing company once valued at $47 billion, has halted shares trading amidst rumors that it will seek bankruptcy protection. Speculation about the company’s financial troubles has persisted for some time, with reports suggesting that WeWork plans to file for Chapter 11 bankruptcy soon. WeWork’s stock, which was valued at over $400 two years ago, is now trading for less than $1. The company’s aggressive expansion, previous failed IPO attempts, and the impact of the COVID-19 pandemic on the commercial real estate market have all contributed to its financial struggles.