2U (TWOU) Stock Pops More Than 100% Despite Bankruptcy Filing

2U (NASDAQ:TWOU) stock closed up a staggering 112% to start the week, just days after announcing it had filed for Chapter 11 bankruptcy protections. Last week, 2U announced a deal with lenders to cut its debt by 50%, while extending the duration of its loan. It will also receive an additional $110 million in capital from lenders. It's unclear what's lifting the Maryland-based firm, which owed more than $1 billion at the end of its fiscal first quarter. The company expects to finish the bankruptcy process by ...