Will 2U's Pivot Pay Off for Shareholders?
Online education specialist 2U Inc. (NASDAQ: TWOU) has had quite the roller-coaster ride during its six-year life as a public company. After its initial public offering (IPO) at $13 in March 2014, it sped off like a rocket and peaked at around $98 in the summer of 2018. But it fell back almost to its IPO price in July 2019, when it reported it was cutting back on new graduate programs. Since then, it has been working to improve growth rates and build a cash-flow-positive business.
Source Fool.com
