2U Spikes 30% On A Solid Quarter And Outlook But Options Traders Are Not Backing The Gains
Fintel options data showed a spike in bearish bets against the educational tech provider on the result day Educational technology provider 2U Inc (NASDAQ:TWOU) rallied a stellar 29.7% higher on Friday after the company reported a strong fourth quarter result ahead and 2023 outlook above the market’s expectations. The result has acted as the latest share price catalyst following 2U’s debt refinancing in early January which lowered the firm’s annual interest payment obligations. Q4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by Sma...