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Sunday, August 13, 2023 3:02:52 PM
2U (TWOU)
icon-fall
28%
Shares of 2U traded down ~28% on Wednesday, then recovered ~24% on Friday, after the company reported second-quarter results that missed revenue and earnings guidance,7 given a shift in revenue recognition towards the second half of the year. In 2024, the company plans to double the number of new degrees8 it will launch and improve the efficiency of its marketing spend. In our view, 2U's cloud infrastructure offers the best online education platform in the US and perhaps the world.
I am writing a book, American Cars of 1958. Check often for the latest addition. https://investorshub.advfn.com/American-Cars-of-1958-37252/
Recent TWOU News
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
