Levi & Korsinsky Investigates Possible Securities Fraud Violations by Coursera, Inc. (COUR)
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Levi & Korsinsky has initiated an investigation into Coursera, Inc. for potential securities fraud violations following its 1Q 2024 financial results, which missed revenue estimates and led to a lowered full-year guidance.
November 18, 2024 | 12:45 pm
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Coursera, Inc. is under investigation by Levi & Korsinsky for potential securities fraud after missing 1Q 2024 revenue estimates and lowering its full-year guidance.
The investigation into potential securities fraud is likely to negatively impact Coursera's stock price in the short term. The missed revenue estimates and lowered guidance already suggest financial underperformance, and the legal scrutiny adds further risk and uncertainty for investors.
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