American investors are betting heavily on for-profit online education and mass incarceration. Shares of LRN (Stride), a company that operates cyber charter schools, have increased in value by about 60 percent over the last 30 days, reaching an all-time high today. Stride has a number of institutional investors, including state employee and teacher retirement funds.
Shares of GEO Group (GEO), an owner and operator of private prisons, have increased more than 90 percent over the last month. It also has a large number of big investors, including BlackRock, Vanguard, and Goldman Sachs.
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