NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Stride, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit. Inv ...

SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Stride, Inc. (NYSE: LRN) securities between October 22, 2024 and October 28, 2025. Stride is a technology company that provides an education platform to deliver online learning to students throughout the U.S. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins ...

Nov 12, 2025 6:20 PM Eastern Standard Time Lawsuit Filed Against Stride, Inc. (LRN) After Shares Plummet Over 51% Share Investors Urged to Contact Award-Winning Firm, Gibbs Mura Then, on November 11, 2025, a class action lawsuit was filed against Stride, Inc., alleging that the company made claims that were materially false and misleading, ultimately causing harm to investors. According to the complaint, Stride represented to investors that it was "one of the nation's most successful technology- based educa ...

RT Rashi Shrivastava (@RashiShrivast18)AI language learning app Speak has crossed $100 million in annualized revenue. Founded by former Thiel fellows @connorzwick and @adhsu in 2016, the company is up against better-known rival Duolingo as it enters the U.S. market.https://t.co/EzAq1eaapC ...

Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo. https://t.co/4fzpeBsoNj (Photo: Speak) https://t.co/YVFphtRS8s ...

LRN SHAREHOLDER ALERT: Stride, Inc. Securities Fraud Investigation by BFA Law Could Allow Investors to Recover LossesNovember 12, 2025 7:17 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 12, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Stride, Inc. (NYSE: LRN) for potential violations of the federal securities laws. If you invested in Stride, you are encouraged to obtain additional information by visiting: ...

Core Insights - Chegg, Inc. reported break-even earnings in Q3 2025, exceeding Zacks Consensus Estimate but showing a year-over-year decline [1][3][8] - Net revenues of $77.7 million surpassed the consensus mark but fell 43% year over year [3][8] - Following the earnings report, Chegg's shares rose by 3.4% in after-hours trading [1] Revenue Performance - The decline in performance was attributed to a decrease in the number of subscribers, lower enrollments in Chegg Skills, and reduced advertising revenues [2] - Subscription Services revenues decreased by 42% to $69.1 million, while Skills and Other product line revenues fell by 49% to $8.6 million [4] Operating Highlights - Gross profit decreased by 50.6% year over year to $46 million, with gross margin contracting by 900 basis points to 59% [5][8] - Total operating expenses dropped by 80% to $63.2 million from $315.5 million [5] - Adjusted EBITDA was $13.3 million, down from $22.3 million in the prior year [5][8] Liquidity and Cash Flow - As of September 30, 2025, Chegg had cash and cash equivalents of $38.2 million, down from $161.5 million in 2024 [6] - For the first nine months of 2025, net cash provided by operating activities was $24.5 million, a decrease from $107.1 million in the previous year [6] - Free cash flow at the end of Q3 was $2.8 million, down from $45.4 million a year ago [6] Q4 2025 Outlook - Chegg expects Q4 net revenues to be in the range of $70-$72 million, compared to $143.5 million in the same quarter last year [7][8] - Chegg Skilling revenues are projected to be $18 million [7] Margin and EBITDA Projections - The gross margin for Q4 is expected to be between 57% and 58%, down from 68% reported a year ago [9] - Adjusted EBITDA is projected to be between $10 million and $11 million, significantly lower than the $36.6 million reported a year ago [9]

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].

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].

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].