COUR - Coursera rallies for third session following last week's hot IPO

Online-learning platform Coursera (COUR) rallied Monday for the third straight session following last week’s hot IPO, rising as much as 8.9% in early trading on continued investor enthusiasm for the name.Coursera traded as high as $49.89 in the first minutes of New York Stock Exchange trading Monday, although it pulled back a bit to change hands at $48.38 shortly before 9:45 a.m. ET, up 5.7% on the day.COUR is up some 46% from its $33 IPO price, set last Tuesday after the bell.The stock popped 36.4% on its first trading day last Wednesday to close at $45.Coursera offers online courses for universities, businesses and government agencies.Its college clients range from U.S. Ivy League school Princeton University to Russia’s Moscow Institute of Physics and Technology.This is a developing story, check back for updates.

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Coursera rallies for third session following last week’s hot IPO