Kindercare Learning Companies, Inc. shares rise 1.39% intraday after a class action securities lawsuit was filed against the company.

Kindercare Learning Companies, Inc. rose 1.39% in intraday trading, with the company facing a class action securities lawsuit. The lawsuit seeks to recover losses on behalf of investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all purchasers of KinderCare common stock in or traceable to the Company's October 2024 initial public offering.