Zovio (OTCMKTS:ZVOI) Trading 7,885,900% Higher – Here’s What Happened

Zovio Inc (OTCMKTS:ZVOI)’s stock price was up 7,885,900% on Tuesday . The stock traded as high as $31.6650 and last traded at $31.5440. Approximately 492 shares changed hands during trading, a decline of 95% from the average daily volume of 10,156 shares. The stock had previously closed at $0.0004.

Zovio Stock Performance

The company’s 50-day moving average price is $0.63 and its 200 day moving average price is $1.30.

Zovio Company Profile

Zovio is an education technology services company that partners with universities, colleges and other organizations to design, deliver and support online and hybrid learning programs. The company offers a suite of services encompassing enrollment marketing, student engagement and retention, course development, learning management systems and career readiness solutions. By leveraging data analytics, digital media and personalized support, Zovio aims to help its partners expand access, improve student outcomes and optimize operational efficiency.

Originally founded in 1999 as Bridgepoint Education, the company rebranded to Zovio in 2018 to reflect its evolution from a single institution operator to a broader technology‐enabled services provider.