If you missed the Q3 earnings call, you didn't miss much. Zovio continues to be in financial trouble--and the Ashford rebrand hasn't made a difference. Share price is close to at all-time low. This is not the end, but it's not good.
https://seekingalpha.com/article/4462728-zovio-inc-zvo-ceo-george-pernsteiner-on-q3-2021-results-earnings-call-transcript
https://seekingalpha.com/news/3760140-zovio-falls-after-enrolment-pressure-tips-revenue-miss
Cash runway is getting smaller...
https://simplywall.st/stocks/us/consumer-services/nasdaq-zvo/zovio
It’s just a matter of time. You can’t out brand a bad reputation. A wolf in sheep’s clothing is still a wolf.
Like you couldn't see it coming?
"After working at the school for a decade, he said that the situation had changed for the worse, ""restricting creativity, inhibiting instruction, and demoralizing otherwise talented, motivated, and forward-thinking educators."'
https://www.highereducationinquirer.org/2019/11/ashford-university-suitor-joining.html