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Why Shares of 2U Jumped Today

TheMotleyFool

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Shares of 2U (NASDAQ: TWOU) rose on Wednesday on a strong day for the broader market. While there was no company-specific news for the education-focused software-as-a-service provider, the stock was up 8.7% at 3:30 p.m. EST today.

Back in January, Bloomberg reported that 2U was considering selling itself after an activist investor pushed for the company to explore strategic alternatives. The stock has crashed more than 70% since peaking in 2018.

Image source: Getty Images.

Source Fool.com

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