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Why Udemy Stock Got Hammered Today
UDMYUdemy(UDMY) The Motley Fool·2024-08-01 18:02

The stock is cheap if it can live up to management's plans for 2026. Shares of online education company Udemy (UDMY -18.99%) got hammered on Thursday after it delivered financial results for the second quarter. The numbers weren't bad, but investors are likely more concerned by management lowering its full-year guidance. As of 12:30 p.m. ET today, Udemy stock was down about 18%. A good quarter with bad guidance Management had said that it expected second-quarter revenue between $192 million and $195 million ...