Hold on a minute there, Bloomberg! These bonds were trading below par since they were issued, for well over a year. They briefly popped over par after the S-1

Hold on a minute there, Bloomberg! These bonds were trading below par since they were issued, for well over a year. They briefly popped over par after the S-1 was filed. That is to say, the smart money has had these valued fairly for a while, and some fake smart chumps got in late. Is WeWork a dumpster fire? Probably, but this headline makes it sound like the status quo ante is the end of the world.