Why 2U Stock Popped Today

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Shares of online education company 2U (NASDAQ: TWOU) are looking magna cum laude this afternoon, up 10.4% as of 2 p.m. EST after the company reported earnings last night.

Expected to lose $0.09 per share (pro forma) on $208.2 million in revenue in its fiscal fourth quarter of 2020, 2U instead reported a loss of only $0.06 per share (also pro forma), and sales of $215.3 million.  

Image source: Getty Images.

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