Market Globalist

How Did The ZVO Stock Appreciate 9% In The Last Trading Session?

Zovio Inc (NASDAQ: ZVO) normally sees about 413.34K shares traded on a regular business day but on a Friday it saw a bit higher trades with 0.42 million shares change hands. The enterprise value of Zovio is estimated at about $113.58 million and the company’s market cap is currently $113.58 million. The current price of Zovio stock is $3.80, up 9.51% from the last close. ZVO stock has climbed following news of an expansion by its portfolio company.

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What was that expansion?

Zovio is an education technology services company that assists individuals in reaching their personal goals through innovative, personalized solutions. Fullstack Academy, TutorMe, and the Zovio network all leverage their strengths to solve market needs through education technology.

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In the past week, Zovio announced that its network firm and the national tech education provider, Fullstack Academy, would be expanding its bootcamp line.

Fullstack launched the Data Analytics curriculum designed to provide certification training for professionals wishing to qualify for and fill the 600,000+ data jobs posted in the U.S.

In as little as 10 weeks, interested tech career-seekers can close the skills gap and enter the workforce after completing the new bootcamp curriculum.

Students will acquire SQL, Python, and data visualization skills through Fullstack’s Data Analytics Bootcamp; they will also earn certifications that companies are looking for when hiring new staff for these positions.

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Growth prospects:

A half-million jobs (or more) are projected to be available in the data analytics sector over the next ten years, as well as a projected job growth rate of 21.5%. Burning Glass, an analytics software company, has reported that demand for data analysts has driven entry-level median salaries to nearly $75,000 across the country.

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