What happened to 2U shares?

On this news, the price of 2U shares declined by $1.35, or approximately 56.72%, from $2.38 on November 9, 2023 to close at $1.03 on November 10, 2023. Then, on February 12, 2024, after the market closed, 2U disclosed that due to the Company's debt, "there is substantial doubt about its ability to continue as a going concern."

How did 2U perform in Q1 2024?

2U, Inc. (NASDAQ:TWOU), a US-based online learning platform company with global operations and AI integration, reported a 17% drop in total revenue in Q1 2024 to $198.4 million from $238.50 million in the same period the year before.

Is 2U a good stock to buy now?

One of the most popular AI penny stocks, 2U, has an average volume of 1.82M as of the day of writing this piece, with high growth potential because its stock price has climbed in the last few days, even though it has declined in previous years and over the years.