Online education companies may have had a boost from the effects of COVID-19 on stay-at-home learning over the last 18 months, but sometimes investors miss the real lesson.Collins added "As we've seen from recent IPOs, the reaction can be hit or miss. Coursera grabbed hold of the online education burst because of Covid and rode the fires of momentum the first day. The stock opened around $40 but traded to $60 in its first week. This came after the company priced its shares at $33. From a nearly double back to even by mid-May. It's fair to say this one has been a roller coaster, but what I see are a series of lower highs and a bearish setup yet again."
https://www.thestreet.com/investing/tim-collins-a-bearish-view-toward-online-education
