Coursera prices IPO at $33 a share, for valuation of $4.3 billion

Dow Jones2021-03-31

Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its target range, raising about $520 million and valuing the company around $4.3 billion.

The online-education company said it will offer 14.7 million shares of common stock, and that stockholders will sell an additional 1.06 million shares. Coursera had previously set its price range between $30 and $33 a share.

Underwriters, led by Morgan Stanley $(MS)$ and Goldman Sachs $(GS)$, have access to about 2.4 million additional shares in case of overallotments.

Trading is expected to begin Wednesday on the New York Stock Exchange under the ticker $(COUR)$.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

姜葱猪肉饭
2021-03-31
姜葱猪肉饭
Oo $33?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2123249602?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/7cedd6cbf23bbe97eaec389fb0773ed6","is_english":true,"pubTime":"2021-03-31 10:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2123249602","market":"hk","top_or_hot":-1,"title":"Coursera prices IPO at $33 a share, for valuation of $4.3 billion","media":"Dow Jones","content":"<p>Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its target range, raising about $520 million and valuing the company around $4.3 billion.</p><p>The online-education company said it will offer 14.7 million shares of common stock, and that stockholders will sell an additional 1.06 million shares. Coursera had previously set its price range between $30 and $33 a share.</p><p>Underwriters, led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> <a href=\"https://laohu8.com/S/MS\">$(MS)$</a> and Goldman Sachs <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>, have access to about 2.4 million additional shares in case of overallotments.</p><p>Trading is expected to begin Wednesday on the New York Stock Exchange under the ticker <a href=\"https://laohu8.com/S/COUR\">$(COUR)$</a>.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coursera prices IPO at $33 a share, for valuation of $4.3 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoursera prices IPO at $33 a share, for valuation of $4.3 billion\n</h2>\n\n<h4 class=\"meta\">\n\n2021-03-31 10:55 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its target range, raising about $520 million and valuing the company around $4.3 billion.The online-...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COUR","symbol_name":"Coursera, Inc.","start_time":0,"source_url":null,"article_id":"2123249602","we_media_id":"106","thumbnails":["https://static.tigerbbs.com/7cedd6cbf23bbe97eaec389fb0773ed6"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2123249602","pubTimestamp":1617159300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COUR":"Coursera, Inc."},"translate_title":"Coursera的IPO定价为每股33美元，估值为43亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COUR":0.9},"content_text":"Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its target range, raising about $520 million and valuing the company around $4.3 billion.The online-education company said it will offer 14.7 million shares of common stock, and that stockholders will sell an additional 1.06 million shares. Coursera had previously set its price range between $30 and $33 a share.Underwriters, led by Morgan Stanley $(MS)$ and Goldman Sachs $(GS)$, have access to about 2.4 million additional shares in case of overallotments.Trading is expected to begin Wednesday on the New York Stock Exchange under the ticker $(COUR)$.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":354625735,"gmtCreate":1617169326027,"gmtModify":1704696733357,"author":{"id":"3571692700576674","authorId":"3571692700576674","name":"姜葱猪肉饭","avatar":"https://static.tigerbbs.com/72e3c582c93f69219f3ff942dbee9aa8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571692700576674","authorIdStr":"3571692700576674"},"htmlText":"Oo $33?","listText":"Oo $33?","text":"Oo $33?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354625735","repostId":2123249602,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":23,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2123249602"}