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Why 2U Stock Went Up on Friday

TheMotleyFool

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Shares of online-education enabler 2U (NASDAQ: TWOU) were up nicely on Friday, after the company reported results for the second quarter of 2020 that exceeded Wall Street's expectations. As of 3 p.m. EDT, the stock was up 7% for the session.

It's been quite a rebound for 2U stock. After falling hard earlier in the year, shares have now quadrupled from March lows as investors see a golden opportunity for online education in the coronavirus era.