COUR - Is Coursera Set to Disrupt Higher Education?
Shares of education technology company Coursera (NYSE: COUR) started trading on March 31 in concurrence with its initial public offering (IPO). The stock traded as high as $62 a share but has since settled down to around $45, giving the company an estimated $5.9 billion market cap. The company, founded in 2012, offers courses and certificates for companies, university students, and anyone else looking to learn new skills through its online platform that hopes to shake up the $2.2 trillion global education industry.
Is Coursera set to disrupt the multi-trillion-dollar education industry? Let's take a look.
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Is Coursera Set to Disrupt Higher Education?