The Bear Cave issued a cautious report on KinderCare Learning (KLC), saying its previous concerns are entering the mainstream, allegations against the company are growing, lawmakers are demanding accountability, and The Bear Cave is surfacing additional complaints of billing fraud against the company. Additionally, the firm believes KinderCare is “on the wrong end” of demographic trends such as declining birthrates and increasing work-from-home employment and faces an “existential threat” from potential subsidy cuts.
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Read More on KLC:
- KinderCare Learning Companies Inc: Strong Growth Potential and Profitability Justify Buy Rating
- KinderCare’s Earnings Call Highlights Growth Amid Challenges
- KinderCare Learning price target lowered to $21 from $26 at BMO Capital
- KinderCare Learning falls -9.4%
- KinderCare Learning price target lowered to $20 from $21 at UBS
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