Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of K12
So what: K12 booked $128.3 million in Q4 revenue, up 45% and well ahead of the $123.1 million analysts were calling for. The bad news? K12s net loss widened -- from $0.04 to $0.08 a share -- on higher spending for instructors and infrastructure.
Now what: Judging from today's action, investors are convinced that e-learning specialist K12 is materially different from professional training shops such as Apollo Group
Interested in more info on K12? Add it to your watchlist.