COUR - Coursera shares slide as company sets outlook below estimates on slow AI adoption
2024-04-29 17:30:10 ET
Despite Q1 results that topped Wall Street’s expectations, Coursera ( NYSE: COUR ) shares are sinking in Monday’s after-hours trading as the company’s sales outlook left investors underwhelmed. Like Chegg ( CHGG ), Coursera ( COUR ) has embraced the widespread use of artificial intelligence and incorporated the technology into its platform but cautioned that it is “in the early stages of helping our learners, educators, and customers understand how emerging AI technologies will transform the way we teach, learn and work.” ...
Coursera shares slide as company sets outlook below estimates on slow AI adoption