The American education platform Coursera (NYSE: COUR) stock rose more than 30% on its first day of trading on the NYSE.
The IPO expected range was $30 to 33. $COUR opened for trading at $39 (18% ) and closed at 45$ (36%).
Coursera works with more than 200 universities and other educational institutions to offer its users online courses.
“We do see a post-pandemic world that’s going to have a whole lot more online learning as part of it,” CEO Jeff Maggioncalda said.