Education Sector Socked As Corinthian College Announces Going-Concern Status
In the 8-K filed the company highlighted the shortfall in its cash flow that would require a bridge loan for the company to no longer be a going-concern.
With less than an hour remaining in Thursday's trading, here's the education sector performance for today:
National American University (NASDAQ: NAUH) is up 0.31 percent.
Career Education (NASDAQ: CECO) is down 9.55 percent.
ITT Education Services (NYSE: ESI) is down 5.84 percent.
Strayer Education (NASDAQ: STRA) is down 4.23 percent.
Apollo Education (NASDAQ: APOL) is down 3.67 percent.
Education Management (NASDAQ: EDMC) is down 3.68 percent.
Bridgepoint Education (NYSE: BPI) is down 3.99 percent.
American Public Education (NASDAQ: APEI) is down 3.14 percent.
DeVry Education (NYSE: DV) is down 2.06 percent.
Lincoln Education Services (NASDAQ: LINC) is down 0.24 percent.
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