INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of 2U, Inc. (TWOU) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of 2U, Inc. (“2U” or the “Company”) (NASDAQ: TWOU) investors concerning the Company’s possible violations of federal securities laws.

On November 9, 2023, 2U and the University of Southern California announced that they would be winding down their 15-year collaboration in online degree programs due to the market for degree programs becoming “more difficult to run” due to pricing and other factors.

On this news, 2U’s stock price fell $1.35, or 56.7%, to close at $1.03 per share on November 10, 2023, thereby injuring investors.

Then, on February 12, 2024, 2U released its fourth quarter and full year 2023 financial results and lowered its 2024 guidance due to poor performance in its Degree Program and Alternative Credentials segments. Additionally, the Company warned of substantial doubt about its ability to continue as a going concern.

On this news, 2U’s stock price fell $0.55, or 59.3%, to close at $0.37 per share on February 13, 2024, thereby injuring investors further.

If you purchased 2U securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone] or by email to [e-mail], or visit our website at www.howardsmithlaw.com.

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