Education Stocks Tumble In Afternoon Trading (APOL, CECO, DV, COCO)
By Benzinga Staff
December 17, 2009 3:40 PM
December 17, 2009 3:40 PM
Education stocks are tumbling in afternoon trading after a letter surfaced from the US Department of Education addressed to Career Education Corp. (Nasdaq: CECO).
The DOE is questioning the accreditation of some of these for profit education companies. You can see the full report below.
Stocks being dragged down by this letter include:
Career Education Corp. down 17%
Apollo Group, Inc. (Nasdaq: APOL) down 5%
DeVry Inc. (NYSE: DV) down 4%
Corinthian Colleges, Inc. (Nasdaq: COCO) down 5%
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