SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Education Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ~digs who wrote (36)2/12/2009 2:44:53 PM
From: Sam Citron  Read Replies (1) of 50
 
Education stocks, which looked like market leaders, are selling off hard. [IBD Mkt Desk investors.com]

China's New Oriental Education and Technology Group (EDU) sank 23% after cutting its Q3 revenue outlook. The company said it sees $62 million to $65 million, down from $65.5 million to $67.5 million because of China's slumping economy. That fall sent shares to nearly a 2-year low.

Corinthian Colleges (COCO) is one of the many possible victims of New Oriental's slashed views and Strayer Education's weak outlook. Corinthian was down 6%.

Capella Education (CPLA) was one of the least hit stocks in the education group. The company was down 1% after reporting Q4 earnings of 66 cents a share, 4 cents better than views. Earlier, the stock was down as much as 7%.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext