real-time news and commentary for investors
Wednesday, Oct 9
K12 crumbles after enrollment shocker, peers on watch
- The for-profit education sector could see some action today after K12 reported enrollment figures below expectations and received several harsh downgrades due to the low demand the company expects.
- In premarket trading, K12 (LRN) has cratered and is down 23.4%.
- On watch: CECO, APOL, STRA, COCO, ESI, ITT, BPI, LINC, DV.