10 Stocks Plunging Fast; 5 Now at All-Time Lows

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1. Stride, Inc. (NYSE:LRN)

Stride slid to an all-time low on Wednesday, as investor sentiment was dampened by an unusually slow growth outlook for the fiscal year 2026, alongside a faulty software glitch that caused an unexpected drop in enrollment during the summer.

At intra-day trading, Stride, Inc. (NYSE:LRN) dropped to its lowest 52-week price of $68.83 before trimming losses to end the day just down by 54.37 percent at $70.05 apiece.

According to the company, it experienced a major issue during a platform upgrade, causing it to miss between 10,000 to 15,000 enrollments.

“The implementations did not go as smoothly as we anticipated… This poor customer experience has resulted in some higher withdrawal and lower conversion rates than we expected,” Stride, Inc. (NYSE:LRN) CEO James Rhyu was quoted as saying.

He added that the management will fix the upgrade within a year.

Meanwhile, Stride, Inc. (NYSE:LRN) forecast sales to grow by 5 percent, notably slower than the annualized sales growth of 19 percent over the past five years.

However, Stride, Inc. (NYSE:LRN) registered an impressive earnings performance in the last quarter, jumping 68 percent to $68.8 million from $40.88 million in the same period last year.

Revenues increased by 12.68 percent to $620.88 million from $551 million year-on-year.

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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