April 27, 2016 - K12 Inc. (NYSE:LRN) has filed a financial statement reporting Common Shares Outstanding of $39,084,254 USD. Previously, on January 28, 2016, K12 Inc. reported Common Shares Outstanding of $39,004,035 USD. This represents a change of 0.21% in Common Shares Outstanding.
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Strayer Education Inc.’s (STRA - Free Report) shares have been on the move in the recent times, rallying 32.1% year to date, faring much better than the industry’s growth of just 4.8%. In fact, this for-profit education company has gained 6.5% in the past 30 days against the industry’s 10.6% decline. Also, the company has outperformed the industry in all the other time frames that we considered — 4-week, 12-week and 52-week. (4-0)
Two days ago we revealed multiple K12 school closures and a first ever union contract that we estimate will lead K12 to lose money in fiscal 2019 and beyond. (0-1)
For years, K12 has profited off of public school funding while producing poor academic outcomes and employing allegedly fraudulent tactics to mask turnover and inflate enrollment. (0-1)