Why Shares of 2U Are Up Today
Shares of 2U (NASDAQ: TWOU) were up 14% on Thursday afternoon after the online learning platform received an analyst upgrade. It was the company's second upgrade in two days, as analysts conclude the stock is oversold following a difficult year.
2U held an investor day earlier this week in which it affirmed its first-quarter guidance and said its business has held up well during the COVID-19 coronavirus pandemic. In theory the education-focused software-as-a-service provider is a potential stock that would benefit from the ongoing outbreak, as 2U is focused on helping university partners offer online instruction.
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Source Fool.com
