By Adam Palin in London
Education technology company 2U appears to have passed its entry exam, with shares up 7 per cent at noon on its Nasdaq debut.
At a share price of $13.91, the Maryland-based company – which develops cloud-based degrees with universities – is valued at $544m. Not a bad start as a listed company for one that has yet to turn a profit.
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You shoot me down but I won’t fall. I am titanium.
Elon Musk, founder of Tesla, must be humming that tune this morning after announcing a solution to the two car fires that dented the electric car maker’s reputation last year. Read more >>