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0 0.000217627856365571 -0.00152339499455931 -0.000544069640914006 0.00152339499455931 -0.000870511425462441 -0.000652883569096869 -0.000652883569096869
Stock impact report

Why 2U Stock Soared 39.1% in November [The Motley Fool]

2U, Inc. (TWOU) 
Last 2u, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.2u.com
Company Research Source: The Motley Fool
Why 2U Stock Soared 39.1% in November Activist investors and a new quarterly filing breathed life into 2U's battered stock. Shares of 2U ( NASDAQ:TWOU ) jumped 39.1% in November, according to data from S&P Global Market Intelligence , both as the online-education platform company faced pressure from activist investors to consider "strategic alternatives" and after it released quarterly results. On the former, shares rallied more than 15% on Nov. 4, 2019, alone after Bloomberg reported Sachem Head Capital Management had built a position in 2U, specifically with "plans to push the company to explore strategic alternatives, including a sale." Investors haven't received further details on such plans since then, however. That's not to say 2U's rise last month came as a straight line. Though shares initially popped nearly 20% immediately following the Nov. 12 release of 2U's third-quarter 2019 report -- including a higher-than-expected 43.7% increase in revenue to $153.8 million and a narr Show less Read more
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