Why Is Coursera (COUR) Stock Down 16% Today?

Coursera (NYSE:COUR) stock is dropping on Tuesday after the company released its earnings report for the first quarter of 2024.Lackluster guidance in that report is why shares are falling this morning. That includes its revenue guidance of $162 to $166 million for the second quarter of the year. This would miss Wall Street’s estimate of $177.82 million for the quarter.Coursera’s revenue guidance of $695 to $705 million for the full year of 2024 also leaves much to be desired. It wouldn’t come close to reach ...