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.

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Comments (1)
  • Yabadabadoo
    , contributor
    Comments (364) | Send Message
     
    Could mean more business for the other for profit colleges. Just like the CHIP companies; some are doing great and others are doing.
    Just read up on the companies you own and look at the overall economy.
    9 Oct 2013, 01:37 PM Reply Like
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