Stride, Inc.
LRNStride, Inc. (LRN) is an educational technology company that provides online and blended-learning programs for students in kindergarten through 12th grade. It offers a range of virtual schooling solutions, including full-time online schools, supplemental educational programs, and various personalized learning options. The company aims to deliver flexible education options to meet the diverse needs of students and families across the United States.
Company News
Rosen Law Firm is investigating potential securities claims against Stride, Inc. for allegedly making misleading statements about enrollment numbers, staff costs, and compliance during the period of October 22, 2024 to October 28, 2025.
Divisadero Street Capital Management acquired a new $55.85 million position in Stride, representing 2.44% of its assets. Despite a recent significant stock drop due to platform upgrade issues, the author sees potential opportunity in the online education company trading at a low earnings multiple.
Two stocks, LRN and AX, saw massive gains after short sellers released bearish reports, leading to short squeezes that caused significant losses for the short sellers.
The article highlights 4 stocks with strong interest coverage ratios, indicating their ability to meet interest obligations. The stocks are Sterling Infrastructure, H&R Block, Leidos Holdings, and Stride.
Strategic Education, Inc. has outperformed its peers in the education industry, driven by strong enrollment growth in its U.S. Higher Education segment and a rebound in its Australia/New Zealand segment. The company's diversified program offerings and disciplined expense management have also contributed to its margin expansion.
