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Barchart
Barchart
Faisal Humayun Khan

Coursera Stock Can Rally from Oversold Levels on Merger Synergies

Coursera (COUR) stock was listed in March 2021 and the stock briefly traded at all-times highs above $50. With the Covid-19 pandemic necessitating shift to online classes, Coursera was among the beneficiaries.

However, the positive momentum in the stock was short-lived and the downtrend has sustained. In the last 52-weeks, COUR stock has declined 32.2% with negative sentiments on the back of growth concerns.

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