Why K12 Stock Popped 5% Today

Rich Smith, The Motley Fool
·2-min read
Why K12 Stock Popped 5% Today
Why K12 Stock Popped 5% Today

Shares of e-learning curriculum provider K12 (NYSE: LRN) got high marks from investors Tuesday. The company's shares were up 4.9% at 2:20 p.m. EDT today after K12 surprised investors last night with a $0.30 per share profit in the 2021 first quarter, when Wall Street had predicted a loss of $0.31. K12 had a loss of $0.25 per share in last year's Q1 before delivering a profit this year.