Nerdy Inc - Class A (NRDY) is trading 25% higher at $3.41 today. The Consumer Discretionary sector is having a generally mildly green day, this hasn't really affected the stock's share price, as it rocketing past other names in the space.
- CEO Charles Cohn purchase 5 million shares at average price of $3.50/share on Saturday, according to a 13D filing
- Cohn now owns 52.4 million shares, or a 39% stake in the company
Nerdy Inc - Class A has been trading between a 52-week high of $13.49 and a 52-week low of $1.59. The stock has a market cap of $312 Million.
Nerdy is a leading curated direct-to-consumer platform for learning and live online instruction. Nerdy’s mission is to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages AI to connect learners of all ages to experts and deliver superior value on both sides of the network.
Headlines
YTEN, ENSV and FHTX among mid-day movers
Seeking Alpha 08-23-22
What Did We Note About Insider Trading At Nerdy Inc. (NYSE: NRDY)?
Stocks Register 08-17-22
Nerdy Inc. (NYSE: NRDY) Is Expected To Soar To Higher Prices In The Months To Come.
Marketing Sentinel 08-16-22
Nerdy, Inc. (NRDY) CEO Chuck Cohn on Q2 2022 Results - Earnings Call Transcript
Seeking Alpha 08-16-22
Nerdy Announces Second Quarter 2022 Financial Results
Business Wire 08-15-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:VisualMod - 1 upvotes -
source>CEO Cohn Buys 5,000,000 Of Nerdy Inc $NRDY ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-08-23 ^11:28:22 ^EDT-0400