Nerdy (NRDY) Stock Is Plunging 18.83% This Week: What’s Happening?

Nerdy (NRDY) faces bad times, the prices are dropping by 0.50% and are reaching a mark of $9.94. During the last trading session, the company showed negative dynamics. Currently, Nerdy (NRDY) suffers a rapid decrease, however, last month’s statistics show a small decrease of 1.00%. Now, the market capitalization is equal to $630.00 million. TPG Pace Tech Opportunities, a publicly listed special purpose acquisition company, has concluded its business combination with Nerdy, a premier platform for delivering live online learning.Nerdy (NRDY) Stock Is Plunging 18.83% This Week: What's Happening?TPG Pace Tech Opportunities investors approved the Business Combination on September 14, 2021. Nerdy common stock and warrants will begin trading on the New York Stock Exchange on September 21, 2021, under the ticker codes “NRDY” and “NRDY WS,” respectively. The Company’s purpose-built proprietary platform uses technology, such as artificial intelligence (AI), to link learners of all ages with professionals, providing greater value on both sides of the network.

Miriam Bozini

Finance and Business Reporter