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Monday, November 12, 2012

Schooling in the Ownership Society: K12 Inc. stock sinking like a stone

Schooling in the Ownership Society: K12 Inc. stock sinking like a stone:


K12 Inc. stock sinking like a stone

The king of the privatized virtual learning world, K12Inc. has investors checking to see if they're still wearing their shorts. The problem continues to be extravagant costs stemming from huge salaries paid to top execs, plus K12 students scoring behind kids in brick-and-mortar schools.

Market Watch reports:  K12 Inc.'s fiscal first-quarter profit slipped 5.3% as the online education provider saw a