Thread regarding Walden University layoffs

Failing financial firm banking on Walden/Laureate

Waddell Reed now holds more than 5M shares in Laureate (more than 10% of LAUR shares).

https://www.sec.gov/Archives/edgar/data/912766/000119312517280605/d436005dsc13g.htm

Waddell Reed is an old financial firm that appears to be out of touch. They had layoffs in 2016 after posting poor returns. WR was also involved in the 2010 flash crash when they panicked and sold off a s---load of stock

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