What Happened?

Shares of online learning platform Coursera (NYSE: COUR) fell 4.8% in the afternoon session after the stock fell in sympathy with the broader market, which saw a significant downturn led by the technology sector. 

There was no company-specific news to account for the drop. Instead, the decline appears to be part of a wider market sell-off as September trading began. Major indexes like the Dow Jones, S&P 500, and the tech-heavy Nasdaq Composite all tumbled, with the Nasdaq dropping as much as 1.9%. This negative sentiment was fueled by fresh uncertainty surrounding tariffs after a federal court ruling, as well as pressure from rising yields in the bond market, which can make stocks less appealing to investors.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Coursera? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Coursera’s shares are quite volatile and have had 19 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 14 days ago when the stock dropped 3.5% on the news that investor apprehension intensified ahead of a key policy speech and perplexing inflation signals clouded the economic outlook, leading to a wider market retreat from growth-oriented stocks. The downturn in the market was largely attributed to a significant sell-off in megacap tech and chipmaker shares. Nvidia, Advanced Micro Devices (AMD), and Broadcom all saw notable drops, dragging down the VanEck Semiconductor ETF. Other major tech-related companies like Tesla, Meta Platforms, and Netflix were also under pressure. A key reason for this trend is that much of the recent market gains have been concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.

Coursera is up 28.7% since the beginning of the year, but at $10.92 per share, it is still trading 14.1% below its 52-week high of $12.70 from August 2025. Investors who bought $1,000 worth of Coursera’s shares at the IPO in March 2021 would now be looking at an investment worth $242.56.

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