Locked
Premium: 2U earnings report will delight long-term investors, especially after price dip
"Around 20% of 2U's expense goes into lead generation which edX will impact directly. Plus there's a library of new products."
We've had an excellent run with the BizNews Share portfolio. Its value has jumped from $200 000 to over $750 000 in seven years. With such stellar returns, the 2U holding, down 40% since its July 2020 purchase, is the proverbial sore thumb.
So I'd diarised 2U's third quarter results, released last night, and this morning listened to CEO Chip Paucek's earnings conference call. A great way to have started the day. I'm impressed. So were others. After-hour trade saw the stock rise a couple dollars to $28.50.
___STEADY_PAYWALL___