|Bid||22.26 x 800|
|Ask||22.28 x 800|
|Day's Range||22.14 - 22.91|
|52 Week Range||11.37 - 80.49|
|Beta (5Y Monthly)||0.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||29.60|
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced that it has been named to the 2020 Bloomberg Gender-Equality Index (GEI), recognizing companies dedicated to transparency in gender-data reporting and advancing women in the workplace. 2U is one of 325 public companies from across 42 countries and regions chosen for the GEI.
(Bloomberg) -- 2U Inc. has hired advisers for a strategic review after an activist investor pressured the educational software company to explore a sale, according to people familiar with the matter.The Lanham, Maryland-based company is working with financial advisers to explore ways to improve its performance, including a sale, said the people, who asked not to be identified because the matter is private. A final decision hasn’t been made and 2U could opt to remain independent, they said.2U shares climbed as much as 14% in New York trading Friday, giving the company a market value of $1.6 billion. The shares had fallen more than 60% in the 12 months through Thursday, including after it cut its financial guidance in July -- a move that saw the stock fall 50% in a day.A representative for 2U declined to comment.If 2U finds a buyer, the deal would follow the take-private of another company in the sector. Instructure Inc. agreed to sell itself to Thoma Bravo in December for about $2 billion. Instructure has said it spoke to 55 potential buyers during its sales process.Activist investor Sachem Head Capital Management, which owns a 2% stake in 2U, has been pushing the company to explore a sale, people familiar with the matter said in November. The New York-based hedge fund believes the company, which helps universities launch online masters degree programs, is the top software provider in the space and would be an attractive takeover target for private equity firms or other education technology companies, the people said.The investor believes the company, whose academic partners include Yale University, Northwestern University and Vanderbilt University, has seen its share price fall because of troubles related to communications and a failure to meet its earnings forecast rather than problems with the underlying business, they added.The company has made some changes in management since revising its guidance in July. It appointed former Neustar Inc. executive Paul Lalljie as chief financial officer in October and appointed former SeatGeek Inc. executive Jennifer Ogden-Reese as chief marketing officer in November.(Updates shares in third paragraph.)\--With assistance from Kiel Porter.To contact the reporter on this story: Scott Deveau in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Liana Baker at email@example.com, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Lanham education company 2U Inc. (NASDAQ: TWOU) is one of two companies in which activist investor Sachem Head Capital Management purchased a stake in recent months. The other — education software firm Instructure (NYSE: INST) — has since announced a $2 billion sale to private equity firm Thoma Bravo.
"The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]
Today, Northwestern University's School of Professional Studies announced the launch of Chicago's first intensive fintech training program in partnership with Trilogy Education, a leading workforce accelerator. The Northwestern FinTech Boot Camp offers professionals the opportunity to acquire in-demand digital skills that will fuel the thriving fintech sector in Chicago, the 5 fintech hub in the world, according to Deloitte.
SAN DIEGO, Dec. 10, 2019 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in 2U, Inc. (NASDAQ: TWOU) shares. Investors, who.
Two prominent venture capitalists are in the early stages of assembling a new fund focused on digital transformation and the future of work. One founding partner, Phil Bronner, who is currently making angel investments with his Summer League Ventures, is a former Novak Biddle Venture Partners general partner. The other, Phil Herget, is a founder and managing member of D.C. venture firm Avonlea Capital.
HENDERSONVILLE, TN / ACCESSWIRE / December 4, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, announces that a purchaser of 2U, ...
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its scheduled participation in the Credit Suisse 23rd Annual Technology Conference on Tuesday, December 3, 2019 at 4:05 p.m. MST. 2U Co-Founder and CEO Christopher "Chip" Paucek and CFO Paul Lalljie will present on the company's history, strategy, and financial results.
2U (TWOU) delivered earnings and revenue surprises of 19.61% and 2.79%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Delivers revenue growth of 44% LANHAM, Md. , Nov. 12, 2019 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) , a global leader in education technology, today reported financial and operating results for the third ...
2U (TWOU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LANHAM, Md., Oct. 30, 2019 /PRNewswire/ -- 2U, Inc. (TWOU), a global leader in education technology, today announced that Jennifer Ogden-Reese has been hired as its new Chief Marketing Officer, effective November 11, 2019. Ogden-Reese brings over 12 years of experience in senior-level marketing roles and joins 2U from SeatGeek, the leading mobile-first live event ticketing platform, where she served as CMO for the last three years. "Jennifer's tremendous marketing and leadership experience is critical to further advance our efforts to reach the right students for the right programs and deliver the best career outcomes," 2U Chief Operating Officer Mark Chernis said.
CHARLOTTE, N.C., Oct. 24, 2019 /PRNewswire/ -- As demand for technically skilled financial talent surges, UNC Charlotte Continuing Education is launching the city of Charlotte's first intensive fintech training program in partnership with Trilogy Education, a 2U, Inc. brand. Aimed at adult learners, the FinTech Boot Camp at UNC Charlotte prepares professionals to meet the financial industry's rising demand for technology talent.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
LANHAM, Md., Oct. 16, 2019 /PRNewswire/ -- 2U, Inc. (TWOU), a global leader in education technology, today announced the appointment of Paul S. Lalljie as the company's Chief Financial Officer, effective October 14, 2019. Lalljie has more than 20 years of experience in finance management in the high-growth technology sector and most recently served as CFO of Neustar, Inc., an information services and technology company, from 2009 to 2018. As Neustar's CFO, Lalljie oversaw all global finance functions, including treasury, accounting, financial planning and analysis, real estate management, and investor relations.
Announces Rescheduling of Investor Day LANHAM, Md. , Oct. 16, 2019 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, announced today that it will report its third quarter ...