Jeff Ubben bets on underperforming for-profit education stock

Por: CNBC Business December 12, 2020


Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company.His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%.For-profit education companies have gotten a bad reputation in recent years, but Ubben thinks Strategic Education can provide strong returns... + full article

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