T. Rowe Price brands WeWork investment 'terrible'
Statement made in a filing to US SEC
T. Rowe Price added the investment in WeWork was "an error in judgment, not in process"
T. Rowe Price has called the WeWork holding in its Mid-Cap Growth Portfolio a "terrible investment", in an annual report filed to the US Securities and Exchange Commission.
In the report, signed by Brian Berghuis, chairman of the portfolio's advisory committee, and John F. Wakeman, executive vice president of the portfolio, T. Rowe Price stated that WeWork was a "debacle"...
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