Shares of leading online education platform Stride (NYSE: LRN) are down almost 49% as of 10 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.

The learning technology company reported first-quarter earnings yesterday and saw enrollments, revenue, and adjusted earnings per share rise by 11%, 13%, and 39%, respectively.

However, Stride guided for 2026 sales growth of only 5% after the company experienced major issues implementing an upgraded platform over the summer.

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Source Fool.com