Instructure, Inc. Common Stock (INST)

Trump considering executive actions to dismantle Education Department, affecting education, student loans, technology sectors. Potential disruptions for Navient, Nelnet, SoFi, for-profit education, Chegg, Instructure.

On Wednesday, Duolingo stock hit a key technical milestone, seeing its Relative Strength Rating jump to 81, up from 77 the day before.

KKR to buy Instructure Holdings for $4.8 billion in cash. KKR also made other major deals recently.

Reuters reported that KKR and Francisco Partners are competing to acquire the company.

Duolingo stock is just 5 points shy of an 80 RS Rating. Market research shows that the best stocks tend to have an 80 or higher RS Rating.

Instructure Holdings shares are up more than 7%, adding to gains of nearly 24% over the last month. The stock began moving higher in early May after the company reported first-quarter financial results and issued upbeat guidance for the second quarter.

Instructure shares are moving higher Monday following reports suggesting Thoma Bravo is exploring a sale of the education technology company.

INST stock results show that Instructure Hldgs beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • Barclays (NYSE:BCS) is likely to report quarterly earnings at $0.36 per share on revenue of $7.38 billion.

Companies Reporting Before The Bell • HSBC Holdings (NYSE:HSBC) is likely to report earnings for its third quarter.

Needham & Co. analyst Ryan MacDonald initiated coverage on Instructure Holdings Inc (NYSE: INST) with a Buy rating and a

Companies Reporting Before The Bell • Immunogen (NASDAQ:IMGN) is estimated to report quarterly loss at $0.16 per share on revenue of $42.84 million.