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PowerSchool Holdings, Inc.

Company NamePowerSchool Holdings, Inc.
Stock SymbolPWSC

On April 17, 2024, Spruce Point Capital Management published a report alleging, among other things, that PowerSchool is “experiencing ongoing headwinds due to issues with student privacy laws, financial strain from aggressive accounting tactics and depletion of federal funding.”

On this news, PowerSchool’s stock price fell $1.94, or 9.8%, to close at $17.79 per share on April 17, 2024, thereby injuring investors.

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