INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against 2U, Inc. and Encourages Investors to Contact the Firm Before October 7
2U, Inc. (TWOU)
Last 2u, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investor.2u.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired 2U, Inc. (“2U” or the “Company”) (NASDAQ: TWOU) securities during the period from February 25, 2019 to July 30, 2019 (the “Class Period”). Investors have until October 7, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.The lawsuit alleges that 2U failed to disclose to investors that: (i) the Company faced increasing competition in online education and particularly regarding graduate programs; (ii) the Company faced certain program-specific issues that negatively impacted its performance; (iii) that, as a result, the Company’s business model was not sustainable; and (iv) that the Company would slow its program launches.On May 7, 2019, the Company lowered its revenue guidance for fiscal 2019 to a range of $534 to $537 million, from prior guidance
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TWOU
News
- 2U, Inc. (NASDAQ: TWOU) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 2U, Inc. (NASDAQ: TWOU) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 2U, Inc. (NASDAQ: TWOU) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 2U, Inc. (NASDAQ: TWOU) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 20 Countries that Spend the Most on Education [Yahoo! Finance]Yahoo! Finance
TWOU
Earnings
- 2/12/24 - Miss
TWOU
Sec Filings
- 4/8/24 - Form ARS
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form DEF
- TWOU's page on the SEC website