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Why K12 Stock Was Up 68% in July

TheMotleyFool

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Shares of online-education company K12 (NYSE: LRN) were up 68.1% in July, according to data provided by S&P Global Market Intelligence. Schools typically open in the fall, but as the date draws closer, educators and parents alike are wondering how to reopen facilities safely in the coronavirus era. Increasingly, distance learning is viewed as part of the solution.

It's a scenario that attracted high-profile attention. Popular research firm Citron Research called K12 "the Teladoc of online education," sending the stock skyrocketing.