Core Insights - Stride, Inc. is under investigation by Levi & Korsinsky for potential violations of federal securities laws following disappointing enrollment numbers and guidance despite beating earnings expectations [1][2]. Financial Performance - Stride reported its first quarter fiscal 2026 earnings on October 28, 2025, with earnings exceeding expectations; however, enrollment numbers and forward-looking guidance were significantly below expectations [2]. - The company has invested in upgrading its learning and technology platforms, but the implementations faced challenges, leading to higher withdrawal rates and lower conversion rates than anticipated [2]. Stock Market Reaction - Following the earnings report, Stride's stock price dropped by $68.51 per share, opening at $85.02 per share [3].