INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Stride, Inc. - LRN
NEW YORK, October 30, 2025 (ACCESSWIRE) Pomerantz LLP is investigating claims on behalf of investors of Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Stride and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 28, 2025, Stride issued a press release reporting its financial results for the first quarter of fiscal year 2026 ended September 30, 2025. On a related earnings call that same day, Stride’s management disclosed that its 2026 sales growth projections were impacted by major issues in implementing an upgraded version of its online platform over the summer. Stride’s Chief Executive Officer said that “[t]he implementations did not go as smoothly as we anticipated” and that “poor customer experience has resulted in some higher withdrawal and lower conversion rates than we expected.”
On this news, Stride’s stock price fell $83.48 per share, or 54.37%, to close at $70.05 per share on October 29, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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