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Coursera's Merger Approval Boosts Stock, Margin Pressures Loom

Published 2 days, 3 hours ago
Description

Courseras stock surged after Indias Competition Commission approved its merger with Udemy, closing at $5.87. Despite beating third-quarter expectations, investors remained cautious due to weaker profitability outlook. Fourth-quarter adjusted EBITDA guidance missed consensus, causing a sell-off. Courseras stock has been volatile, down 17.2% this year, and trading 53.8% below its 52-week high. The merger approval adds momentum, but margin pressures will influence investor views.

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