Some analysts think the skill-learning boom eventually will boost
(PS), which offers more than 7,000 courses, for a wide range of technology skills that include cloud computing, security, data analysis, and software development.
Farmington, Utah-based Pluralsight was founded in 2004 as a classroom training company that dispatched instructors to offices and conferences. The company has digitized its products, with a focus on corporate IT skill development, not only with online courses but also programs that gauge and analyze the performance of tech workers.
Today, Pluralsight caters to nearly 18,000 corporate clients worldwide, including around 70% of Fortune 500 companies, according to its investor presentation.
Pluralsight made its IPO debut in May 2018. After reaching an all-time high above $37 later that year, the stock declined and remained at about $20 prior to the pandemic. The stock has gained about 20% this year, hitting a 12-month high close of $22.36