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INST - Instructure: Inconsistent Performance Has Me Worried
Instructure Inc.
It's been a rocky year for Instructure (INST), the enterprise software company best known for its classroom management tools used in many U.S. universities. After seeing a sharp slowdown in growth earlier this year and rebounding slightly last quarter, Instructure has still been putting up inconsistent performance, leaving many investors skeptical of this company's future. Instructure just reported its third-quarter results, and though at face value Instructure beat Wall Street's expectations, the company's stock rose only modestly back to levels seen last quarter: