Why Coursera Stock Exploded 51% Higher Today

Coursera (COUR 45.88%) stock charged out of the gate Friday morning, surging 51% through 9:40 a.m. ET after announcing beats on both top and bottom lines. Heading into Coursera's second-quarter report last night, analysts forecast the online education company would earn a $0.01 per share adjusted profit on sales of$164.4 million. Coursera beat both predictions, however, reporting adjusted profits of $0.09 per share and sales of$170.3 million. Coursera's big earnings beat Not all the news was good. Althoug ...