PXED (University of Phoenix) Readthrough to the Publicly Traded Postsecondary Sector.

PXED management announced issues regarding their enrollment funnel and Google AI Overview. Apparently Google uses Youtube as a main source of content.

The stock was down as much as 20% this morning following their print from yesterday. Its down 8% now.

But where the is the stock price reaction to postsecondary peers? Names like APEI, CVSA? PRDO? Those stocks aren’t down materially.

Presumably they will have similar issues affecting their revenue growth.

Does this raise the possibility of these companies missing consensus estimates? PXED management said that they saw this for its January enrollments.

Disclaimer: This is for entertainment purposes only, do your own research.