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LRN STOCK NOTICE: Stride, Inc. Investors with Losses may have been Misled by the Company and are Urged to Contact BFA Law
Newsfile· 2025-11-10 11:07
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws, following a significant drop in its stock price due to poor customer experiences stemming from platform changes [1][3][5]. Group 1: Company Performance - Stride, Inc. reported "record demand" for its products and services during the relevant period, claiming that customers were choosing its offerings in increasing numbers [3]. - The company faced backlash due to unpopular platform changes that negatively impacted customer experiences, leading to a decline in student enrollment [4][5]. - Stride estimated a loss of approximately 10,000-15,000 enrollments due to these issues, resulting in a "muted" outlook compared to previous years [5]. Group 2: Stock Market Reaction - On October 28, 2025, Stride disclosed that its growth rate did not meet expectations, which led to a drastic stock price drop of $83.48 per share, or over 54%, from $153.53 to $70.05 within a day [6].
LRN SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride
Globenewswire· 2025-11-09 13:47
Core Viewpoint - Stride, Inc. is facing legal scrutiny and potential claims due to allegations of fraud and deceptive practices, which have significantly impacted its stock price and investor confidence [3][4][5]. Group 1: Legal Issues - The Gallup-McKinley County Schools Board of Education filed a complaint against Stride, alleging fraud, deceptive trade practices, and systemic violations, including inflating enrollment numbers by retaining "ghost students" [3]. - Faruqi & Faruqi, LLP is investigating potential claims against Stride for investors who suffered significant losses [1][2]. Group 2: Stock Performance - Following the complaint on September 14, 2025, Stride's stock price fell by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025 [4]. - On October 28, 2025, Stride reported first quarter fiscal 2026 results, indicating a deliberate limitation on enrollment growth and issues with system implementation, leading to approximately 10,000 to 15,000 fewer enrollments [5]. - The stock price of Stride fell as much as 51% during intraday trading on October 29, 2025, further injuring investors [5].
LRN INVESTIGATION REMINDER: Stride, Inc. Investors with Losses May have been Affected by Fraud – Contact BFA Law
Globenewswire· 2025-11-09 12:07
Core Insights - Stride, Inc. is under investigation for potential violations of federal securities laws, following a significant drop in stock price due to operational issues [1][4]. Company Overview - Stride, Inc. is an education technology company that offers an online platform for students across the U.S. [2]. Performance and Issues - The company previously reported "record demand" for its products and services, claiming that customer engagement was at an all-time high [2]. - However, Stride faced backlash due to unpopular platform changes that negatively impacted customer experiences, leading to a decline in student retention [3]. Stock Performance - On October 28, 2025, Stride disclosed that its growth rate did not meet expectations due to poorly executed upgrades, which resulted in a "poor customer experience" and increased withdrawal rates [4]. - The company estimated a loss of approximately 10,000-15,000 enrollments, leading to a "muted" outlook compared to previous years [4]. - Following this announcement, Stride's stock price plummeted by over 54%, dropping from $153.53 to $70.05 per share within a day [5].
LRN SECURITIES ALERT: Stride, Inc. Investors with Losses are Notified to Contact BFA Law about its Pending Securities Class Action Investigation
Newsfile· 2025-11-08 11:08
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price due to poor customer experiences related to platform changes [1][5]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3]. - The company previously reported "record demand" for its products and services, indicating a strong customer base [3]. Recent Developments - On October 28, 2025, Stride disclosed that its growth rate did not meet expectations due to poorly executed upgrades to its learning and technology platforms [5]. - The upgrades led to a "poor customer experience," resulting in higher withdrawal rates and lower conversion rates, which drove students away from the platform [5]. Financial Impact - Stride estimated a loss of approximately 10,000-15,000 enrollments due to the negative impact of the platform changes [5]. - Following the announcement, Stride's stock price plummeted by $83.48 per share, a decline of over 54%, from $153.53 on October 28, 2025, to $70.05 on October 29, 2025 [6].
Stride Stock: Meltdown Looks Overblown (NYSE:LRN)
Seeking Alpha· 2025-11-08 03:57
Group 1 - The article promotes a subscription service called Beyond the Wall Investing, which offers high-quality analysis of Wall Street buying and selling ideas [1] - Daniel Sereda is highlighted as the chief investment analyst at a family office, emphasizing his expertise in navigating vast amounts of information to extract critical investment ideas [1] - The investing group provides access to information prioritized by institutional market participants, indicating a focus on professional-grade analysis [1]
LRN LOSS ALERT: Stride, Inc. 50% Stock Drop Triggers Securities Class Action Investigation – Investors Notified to Contact BFA Law
Globenewswire· 2025-11-07 13:36
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws due to misleading statements regarding its performance and customer demand, which may have contributed to a significant drop in its stock price [1][2][4]. Company Overview - Stride, Inc. is an education technology company that offers an online platform for students across the U.S. [2]. - The company previously claimed to be experiencing "record demand" for its products and services, indicating strong customer engagement [2]. Issues Faced - Stride implemented platform changes that were unpopular, leading to poor customer experiences and a decline in student enrollment [3]. - The company reported that these changes resulted in approximately 10,000-15,000 fewer enrollments, contributing to a "muted" outlook compared to previous years [4]. Stock Performance - Following the announcement of disappointing growth rates due to the platform upgrades, Stride's stock price plummeted by $83.48 per share, a decrease of over 54%, from $153.53 on October 28, 2025, to $70.05 on October 29, 2025 [5].
STRIDE INVESTIGATION: Stride, Inc. (NYSE:LRN) Investors with Losses are Notified of the Pending Securities Fraud Investigation – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price due to poor customer experiences stemming from platform changes [1][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [2]. - The company previously reported "record demand" for its products and services, indicating strong customer interest [2]. Recent Developments - Stride's stock price fell by more than 54%, dropping from $153.53 to $70.05 per share after the company disclosed that its growth rate did not meet expectations due to poorly executed upgrades [4][5]. - The upgrades led to a "poor customer experience," resulting in higher withdrawal rates and lower conversion rates, with an estimated loss of 10,000-15,000 enrollments [4]. Legal Implications - Bleichmar Fonti & Auld LLP is investigating Stride for potential securities fraud, encouraging affected investors to seek additional information [1][6].
K12 Opens 2026 Innovation Challenge to Inspire the Next Generation of Problem Solvers
Globenewswire· 2025-11-05 13:00
Core Points - K12 has launched the 2026 K12 Innovation Challenge to promote problem-solving, creativity, and innovation among middle and high school students [1][2] - The competition is open to all U.S. students in grades 6 through 12, encouraging participants to pitch original solutions to real-world problems [2][3] - The challenge includes three themed categories: Tomorrow's Classroom, Student Life Hacks, and Gamify It! [3] Competition Details - The entry period for the competition runs from November 5, 2025, to February 9, 2026 [3] - National Champions can win up to $500 per team member, while People's Choice Winners can receive up to $150 per team member [3] - The competition will feature virtual semi-finals in March 2026 and national finals in June 2026 [3] Company Background - K12 has been a leader in virtual education for 25 years, serving over three million students across the U.S. [4] - The company offers flexible learning options, including online public and private schools, personalized tutoring, and accredited homeschool curriculum [4] - K12 is a portfolio brand of Stride, Inc. [4]
Stride, Inc. (LRN) Plunges 49% as Platform Upgrade Fails, Triggering Hagens Berman Probe -- Hagens Berman
Globenewswire· 2025-11-04 23:10
Core Viewpoint - Hagens Berman is investigating Stride, Inc. for potential violations of U.S. securities laws due to significant operational issues and fraud allegations that have led to a sharp decline in the company's stock price [1][4]. Financial Performance and Guidance - Stride reported Q1 earnings overshadowed by operational issues and cautious guidance, with management forecasting only 5% sales growth for 2026, a significant drop from the 19% annualized growth over the past five years [2][5]. Operational Issues - The company experienced major disruptions while implementing an upgraded platform, resulting in an estimated loss of 10,000 to 15,000 enrollments, which is substantial given the total enrollment of 247,700 [5]. - CEO James Rhyu acknowledged the implementation challenges, stating that the poor customer experience led to higher withdrawal and lower conversion rates than expected [5]. Fraud Allegations - Prior allegations against Stride include claims of artificially inflating student enrollment figures by including "ghost students," increasing student-to-teacher ratios to inflate profit margins, and employing insufficiently licensed teachers [6]. - Allegations also suggest unlawful business practices aimed at lowering overhead costs to inflate stock values [6]. Market Reaction - Following the fraud allegations reported on September 14, 2025, Stride's stock price fell by $18.60, or 11%, in heavy trading [3]. Investigation Details - Hagens Berman's investigation is focused on whether Stride misled investors regarding operational challenges and business practices, with particular scrutiny on enrollment figures and teacher quality [4].
Scott+Scott Attorneys at Law LLP Alerts Investors of Its Investigation into Stride, Inc. (NYSE: LRN)
Globenewswire· 2025-11-03 15:42
Core Viewpoint - Scott+Scott Attorneys at Law LLP is investigating Stride, Inc. for potentially issuing misleading statements and failing to disclose material information to investors, which may violate federal securities laws [1][3]. Company Overview - Stride, Inc. is an education management organization that offers online education as an alternative to traditional education for public school students, along with career learning programs [2]. Financial Performance - On October 28, 2025, Stride reported a financial outlook for fiscal year 2026 that did not meet analysts' expectations, citing issues with the implementation of an upgraded online platform and a resulting poor customer experience [3]. - The CEO of Stride indicated that these issues led to higher withdrawal rates and lower conversion rates than previously anticipated [3]. Stock Market Reaction - Following the disappointing financial outlook, Stride's stock price plummeted by 54%, closing at $70.05 per share on October 29, 2025 [4].