Coursera is trading at $5.47 (-11.49%) in pre-market, pulling back after a sharp rally driven by strong second-quarter results.
- The stock surged to $6.18 on July 29 after the company reported a 60% revenue increase to $298.6 million and raised its full-year guidance.
- No new company-specific announcements, analyst downgrades, or macro events were identified to explain the overnight decline.
- The move appears to be a technical reversal or profit-taking following yesterday's significant gains, while broader markets remain modestly higher.