[Inc.]... symbol LRN. They provide a suite of products and software for both administration of schools but also curriculum, testing materials, study materials for kids. … That is going to be a big regime shift now. I think everybody's getting used to adapting what they call a virtualized classroom."
K12, a company with a $735 million market cap, is up 5% in the past week, while the S&P 500 is slightly lower. It has fallen 12% this year, roughly half the S&P's decline., people might be familiar with that; they have the language software. So, there's kind of like two hits on that. If everybody's thinking, 'I can't wait to get to Italy and finally take a vacation again,' maybe they have some downtime," said Garrett.
Rosetta Stone is an educational software company worth $318 million in market value. It has fallen 29% this year.