Education is what survives when what has been learned has been forgotten. – B. F. Skinner
Zovio Inc. (NASDAQ:ZVO) is an education technology company that works directly with schools and corporations to create personalized learning solutions. Zovio specializes in developing platforms that leverage data analytics to streamline curated content delivery to students.
Zovio was started in San Diego in 2014 under its original name, Bridgepoint Education. The company has a market cap of roughly $132M, considerably smaller than some of its competitors in the education technology space, like Strategic Education Inc. (NASDAQ:STRA) ($2.3B) or Grand Canyon Education Inc. ($814M) (NASDAQ:LOPE).
Unlike its peers, Zovio has enjoyed a near doubling of its stock price so far this year. From just over $2 per share at the beginning of 2020, ZVO is now trading above $4. The appreciation in price, however, came after a dismal 2019 performance for the stock.