Online Learning Company K12 Plummets as Miami District Cuts Ties

  • Shares fall the most since March as classes moves off platform
  • Superintendent directs students to Microsoft Teams and Zoom

   

Photographer: Scott Olson/Getty Images
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Online learning company K12 Inc. saw its stock plummet after Miami-Dade County Public Schools abandoned its platform following a chaotic start to the school year.

The school board, which represents one of the largest districts in the country, made the decision following a meeting marked by a myriad of complaints from parents and teachers.