Stride Inc. Joins S&P SmallCap 600

Rhea-AI Summary

Stride Inc. (NYSE: LRN) has been added to the S&P SmallCap 600 index effective July 5, 2022. This index serves as a benchmark for small-sized companies in the U.S. equities market, selected based on financial performance and market capitalization. Stride is recognized for its innovative and tech-enabled education solutions across various settings, including K-12, healthcare, and technology training. The company's diversified offerings aim to transform learning experiences for millions, making it a significant player in the education sector.

Positive

• Inclusion in the S&P SmallCap 600 enhances visibility and credibility among investors.
• Stride's diverse educational solutions and services are expanding its market reach.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- Stride Inc. (NYSE: LRN) was added to the S&P SmallCap 600 index, effective prior to the opening of trading today, Tuesday, July 5, 2022.

The S&P SmallCap 600 provides investors with a benchmark for small-sized companies in the U.S. equities market. The 600 companies in the index are selected by Standard & Poor's U.S. Index Committee based on several factors, including financial performance and market capitalization.

For more information on the S&P SmallCap 600 and S&P Dow Jones Indices, please visit www.spdji.com.

About Stride Inc.

At Stride, Inc. (NYSE: LRN) we are reimagining learning – where learning is lifelong, deeply personal, and prepares learners for tomorrow. The company has transformed the teaching and learning experience for millions of people by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs directly to students, schools, the military, and enterprises in primary, secondary, and post-secondary settings. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. The company is a proud sponsor of the Future of School, a nonprofit organization dedicated to closing the gap between the pace of technology and the pace of change in education. More information can be found at stridelearning.com, K12.com, galvanize.com, techelevator.com, and medcerts.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005601/en/

Investor

Timothy Casey

Vice President, Investor Relations

Stride, Inc.

tcasey@k12.com

Source: Stride, Inc.

FAQ

What is Stride Inc.'s stock symbol?

Stride Inc.'s stock symbol is LRN.

When was Stride Inc. added to the S&P SmallCap 600?

Stride Inc. was added to the S&P SmallCap 600 on July 5, 2022.

What does the S&P SmallCap 600 represent?

The S&P SmallCap 600 serves as a benchmark for small-sized companies in the U.S. equities market.

What educational services does Stride Inc. provide?

Stride Inc. offers K-12 education, professional skills training, and talent development services.

How does inclusion in the S&P SmallCap 600 affect investors?

Inclusion in the S&P SmallCap 600 can increase a company's visibility and attract more institutional investors.