COUR - Is IPO Stock Coursera a Buy?
The stock market's strong showing over the past year encouraged a tidal wave of initial public offerings (IPOs). Online learning platform Coursera (NYSE: COUR) was among the recent entrants. Its stock rocketed from an IPO price of $33 per share to a 52-week high of $62.53 about a week after its March 31 debut.
Coursera stock has since pulled back, and hovers around $42 at the time of this writing. The company experienced tremendous growth last year. But does Coursera make for a compelling long-term investment? A look into this e-learning company provides an answer.
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Is IPO Stock Coursera a Buy?