👀 Something Incredible Is Happening to This Pot Stock!

WeWork, the company that once had a private valuation as high as $47 billion earlier this year, is now on the path to bankruptcy.

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Good morning. WeWork, the company that once had a private valuation as high as $47 billion earlier this year, is now on the path to bankruptcy. The company's planned IPO has stalled, and funding contingent on an IPO has led to a cash crunch. At current rates of cash burn, the company will run out of money in the second half of 2020, and the company's bonds have been sliding in anticipation. To add insult to injury, while the company is heading towards Chapter 11, Forbes magazine announced that WeWork's recently-ousted CEO, Adam Neumann, is off its billionaire's list. Sponsored Content Something Incredible Is Happening to This Pot Stock! The company's CEO declared he thinks they're only 2-3% of what the company could become. We here at The Motley Fool are convinced we're only in the VERY early days of this company's trajectory Here's how we suggest investing in the pot boom! Join the Conversation According to Piper Jaffray's "Taking Stock With Teens Report," what restaurant is the most popular among teenagers? Tell us why. Was this email forwarded to you? Get your own! Sign up here. MARKETS s DOW 26,816.59 ++1.21% S&P 2,970.27 +1.09% NASDAQ 8,057.04 +1.34% *As of market close • Stocks rallied in the weekend, as President Trump met with Chinese leaders on trade. • Oil rallied 2.2 percent following another tanker attack, to $54.70 per barrel. • Gold dropped another 0.6 percent, to $1,492 per ounce. • Cryptocurrencies generally declined, with Bitcoin prices dropping almost 3 percent to $8,350. Today's TOP TIPS Three Streaming Company Stocks Poised to Give Investors Profits Companies generally love products and services that they can charge monthly. Unlike a one-time purchase, these sources of recurring revenue offer more predictable cash flows and can give steady financial returns that investors love as well. One source of recurring revenues is in subscription fees. That's a huge reason for the rise of subscription-based services in everything from shaving goods and clothing to fresh food. The trend is everywhere, and continues to grow. » FULL STORY Insider Activity: Tailored Brands (TLRD) Alexander Rhodes, an Executive Vice President and General Council at Tailored Brands (TLRD), bought 13,369 shares, increasing his stake by over 22 percent to a total of 73,428 shares. The total cost came to just under $52,000. This adds to other buys from insiders this year, including the CEO. Insider data also shows a series of sales in 2018 at prices as much as 70 percent higher as where shares trade today. » FULL STORY Unusual Options Activity: Wynn Resorts (WYNN) The March 2020 $110 call options on Wynn Resorts (WYNN) saw over 2,050 contracts trade against a prior open interest of 231, about a 10-fold surge in volume. The bet, which expires in 158 days, is about $1.30 in the money, given the recent share price of $111.30. It should therefore move dollar-for-dollar with shares higher, and could double if shares get to $125.00. » FULL STORY IN OTHER NEWS • The prospect of a Brexit deal improves. • Apple defends its decision to remove an app used by Hong Kong protestors. • The Fed announces it will purchase Treasury Bills through the second quarter of 2020 to provide liquidity. • In an effort to break the 26-day strike, General Motors offers $7.7 billion in factory investments. • Mutual funds with an exposure to technology startups are rethinking their strategy after this year's misses. • Uber announces it will acquire grocery delivery startup Cornershop. • Privately-held Chick-fil-A opens its first international location in the United Kingdom. • In earnings, German software giant SAP trades higher on better-than-expected numbers and a new CEO. • And shares of Wendy's moves higher as the restaurant chain announces plans for breakfast. • Fastenal shares surge as the company beats earnings, suggesting recession fears are overblown. S&P 500 MOVERS TOP FAST 17.15% FCX 7.183% MOS 7.136% WYNN 6.336% ROK 6.008% BOTTOM FIX 3.855% NEM 3.39% MKTX 3.036% CHD 1.997% NOC 1.771% Quote of the Day Hate him or like him, he has them where he wants them. The Hong Kong situation and loss of face there doesn't help their cause. Can you imagine how desperate they are when they're worried about NBA ... talking about Hong Kong? - CNBC commentator Jim Cramer on Donald Trump's negotiations with China on trade issues going into the weekend. Sponsored Content Say Goodbye Apple: New Stock Could Be 40X Better If you own Apple's stock, know someone who does, or have even thought about buying it... there's something you need to know. Click here to see our special report   Not sure the best way to get started? 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