Levi & Korsinsky notifies investors that it has commenced an investigation into Coursera, Inc. (NYSE: COUR) concerning potential violations of the federal securities laws.
On April 29, 2024, Coursera reported 1Q 2024 financial results that missed revenue estimates and then lowered its full-year guidance. Management attributed this decrease to “demand softening” in North America and “delays in a new content launch.” Analysts commenting on the issue mention the failure of Coursera’s artificial intelligence (AI) products to drive stronger financial results. Following this news, COUR’s stock price fell by $1.67 per share, or approximately 14% to close at $10.22 per share.
If you suffered a loss on your Coursera, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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