Workspace slumps on massive profit warning

Shares in Workspace (WKP) plunged after the flexible office space firm warned of a ‘substantial step down’ in FY27 profits. Investors headed for the exits as Workspace also rebased the dividend due to the need to invest in its portfolio to reposition the business. The stock price slump left activist shareholder Saba Capital with a … Continue reading Workspace slumps on massive profit warning