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Why Nerdy Stock Took a Hit on Tuesday

TheMotleyFool

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Shares of Nerdy (NYSE: NRDY), a provider of online learning platforms, took a hit on Tuesday, following the company's first-quarter earnings report.

The tech stock was likely down primarily due to the company's worse-than-expected second-quarter and full-year revenue guidance, as well as a first-quarter loss that was wider than anticipated. Analyst downgrades for the stock, following the earnings report, likely didn't help, either.

Image source: Getty Images.

Source Fool.com

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