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Why Coursera Stock Jumped 30% Last Month
COURCoursera,(COUR) The Motley Fool·2024-08-08 15:42

Is AI a long-term risk or an opportunity? Shares of online education company Coursera (COUR -1.51%) jumped 29.9% during July, according to data provided by S&P Global Market Intelligence. The stock was actually up 50% for the month at one point before coming back down from its July highs. And the giant spike in price was catalyzed by the company's quarterly financial results. On July 25, Coursera reported financial results for the second quarter of 2024. Revenue was up 11% to $170 million, and free cash flo ...