LRN SHAREHOLDER ALERT: Stride, Inc. Securities Fraud Investigation by BFA Law Could Allow Investors to Recover Losses

Core Viewpoint - Stride, Inc. is under investigation for potential securities fraud due to misleading statements about its performance and customer demand, which may have led to significant financial losses for investors [1][3][4]. Group 1: Company Performance and Issues - Stride, Inc. is an education technology company that claimed to experience "record demand" for its products and services during a specific period [3]. - Contrary to its claims, Stride faced severe backlash from customers due to unpopular platform changes, resulting in a poor customer experience and loss of students [4]. - The company reported a significant drop in growth rate attributed to poorly executed upgrades, leading to higher withdrawal rates and lower conversion rates [5]. Group 2: Financial Impact - On October 28, 2025, Stride disclosed that its growth rate did not meet expectations, estimating a loss of approximately 10,000-15,000 enrollments due to the negative impact of the platform changes [5]. - Following this announcement, Stride's stock price plummeted by $83.48 per share, a decline of over 54%, from $153.53 to $70.05 within a day [6].