2U Inc. (TWOU) Plunges 9.54% on March 03

Equities Staff  |

2U Inc. (TWOU) had a rough trading day for Wednesday March 03 as shares tumbled 9.54%, or a loss of $-3.88 per share, to close at $36.81. After opening the day at $40.59, shares of 2U Inc. traded as high as $40.63 and as low as $36.28. Volume was 3.24 million shares over 29,546 trades, against an average daily volume of n/a shares and a total float of 73.99 million.

As a result of the decline, 2U Inc. now has a market cap of $2.72 billion. In the last year, shares of 2U Inc. have traded between a range of $59.75 and $11.52, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of 2U Inc., check out Equities.com’s Stock Valuation Analysis report for TWOU.

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2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: graduate program segment and alternative credential segment. The vast majority of revenue comes from the company's graduate program segment, and most of the company's revenue is earned in the United States.

2U Inc. is based out of Lanham, MD and has some 6,606 employees. Its CEO is Christopher J. Paucek.

2U Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on 2U Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: TWOU’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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