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Sept. 17, 2013, 4:02 p.m. EDT

Tilson: Biggest short is ed-tech firm K12 Inc.

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By Victor Reklaitis

LRN

NEW YORK (MarketWatch) -- Investor Whitney Tilson of Kase Capital said his largest short position is a bet against technology-based education company K12 Inc. /zigman2/quotes/205813628/composite LRN -3.85% . Tilson, speaking at the Value Investing Congress underway in New York City, cracked a joke about his recent bad luck with shorting as he disclosed his bet. Shares in K12 were last down 1% to $34.80, but they had dropped as low as $33.75 as Tilson spoke, according to FactSet data. Shares are up 71% in 2013 to date. K12 provides curriculum, software and other services to facilitate learning for students in kindergarten through 12th grade.

/zigman2/quotes/205813628/composite
US : U.S.: NYSE
$ 27.21
-1.09 -3.85%
Volume: 1.98M
Sept. 18, 2020 4:00p
P/E Ratio
44.94
Dividend Yield
N/A
Market Cap
$1.17 billion
Rev. per Employee
$208,069
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