Since the major lockdown in the U.S K12 (NYSE: LRN) has enjoyed surging revenue and shares by putting obvious efforts into positive Q2 2020 financial results that may attract some investors so they may increase LRN till $100 in a couple of months.
On Friday LRN rose 2.68% to $47.57 on a daily volume of 1,632,030 shares. July has become a good month for K12, $18.67 change is significantly stable rise for the company with positive 12 months based EPS.
COVID-19 is pushing the education system to go online by promoting the distant study and home teaching. K12 may take a huge market share from other educational institutions by offering advanced platform. Soon several children may get used to it completely with the aid of mobile devices like tablets and laptops.
CEO and Editor in Chief.
Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life