Coursera, Inc. (COUR) experienced a significant decline during Thursday's trading session, with shares plummeting 5.02% intraday.
The sharp drop comes as the online education platform is scheduled to report its first-quarter earnings after the market closes. According to the earnings calendar, analysts expect Coursera to report earnings of $0.08 per share for the quarter.
Investors often adjust their positions ahead of earnings announcements, leading to increased volatility. The market appears to be pricing in potential risks or concerns about Coursera's upcoming financial results.
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