Why Coursera Stock Dived by Almost 13% Today
Often, the downside of a sharp post-earnings price surge is the temptation for investors to sell out of their positions immediately to book quick profits. It's very likely that this dynamic also contributed to Coursera's Monday swoon. In Coursera's case, there was much to like about its second-quarter results, particularly that explosive earnings beat and its 11% year-over-year increase in sales. Long-term investors should try their best not to be spooked by dramatic share price movements in their favored t ...