Why Nerdy Stock Took a Hit on Tuesday
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.
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Source Fool.com