By Leslie N. Masonson, MBA Stride Inc. (NYSE:LRN), a technology-based education services company was incorporated in 2000 in Reston, Va. where it is currently headquartered. The company was formerly known as K12 Inc., but changed its name to Stride, Inc. in December 2020. It has $1.89 billion in annual sales and a market capitalization [...]
By Leslie N. Masonson, MBA Perdocoe Education Corporation (PRDO) is a Nasdaq-listed firm headquartered and incorporated in Schaumburg, Illinois in 1994 with 2,400 employees. It was formerly known as Career Education Corporation when the name was changed in January 2020. The company offers postsecondary education to almost 34,000 individuals using three approaches: online, campus-based, [...]
Students around the world have been playing on easy mode for the past 6-12 months as ChatGPT has become their go-to source for homework, and specifically, essays. And, the company that used to be the students’ trusted companion - Chegg (CHGG) is getting crushed as a result. The online education company had its earnings [...]
