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The broader basket of edu-tech stocks seems to have been long forgotten after enduring incredibly painful falls off their peak levels. Shares of Coursera (COUR) and Udemy (UDMY) are each down more than 66% from their all-time highs. Shares of the two edu-tech pioneers have been sagging for quite a few quarters since going live on the public markets back in 2021.
Higher education is, indeed, in need of a technological update. And it's the more promising edu-tech plays that can help bring higher education into the age of work-from-home (WFH) and artificial intelligence (AI).