INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of 2U
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2024
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Source: Newsfilter
Investor Alert: Faruqi & Faruqi, LLP is investigating potential claims against 2U, Inc. for investors who suffered losses exceeding $100,000 between February 9, 2022, and February 12, 2024, with a deadline of August 12, 2024, to seek lead plaintiff status in a federal securities class action.
Company's Financial Issues: 2U's stock plummeted following announcements of significant revenue declines, partnership terminations, and doubts about its ability to continue as a going concern, leading to a drastic drop in share price on multiple occasions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
