Seeking Alpha

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 (439) | 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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