Why Coursera Stock Crashed Today

The company is seeing weakness in customer retention trends despite strong numbers in its latest quarter. Shares of online learning platform Coursera (COUR -7.94%) crashed on Friday after the company reported financial results for the third quarter of 2024 and reduced its full-year financial guidance. As of 10:30 a.m. ET, Coursera stock was down about 8% but it had been down nearly 18% earlier in the day. The quarter was good but the outlook is confusing The drop for Coursera stock has a complex explanation ...