Stocks That Hit 52-Week Lows On Monday
During Monday's morning session, 22 companies made new 52-week lows.
Understanding New Oriental Education’s Unusual Options Activity
New Oriental Education (NYSE:EDU) shares experienced unusual options activity on Friday. The stock price moved up to $7.87 following the option alert.
HSBC Downgrades New Oriental Education to Hold, Lowers Price Target to $9.2
HSBC downgrades New Oriental Education (NYSE:EDU) from Buy to Hold and lowers the price target from $18.7 to $9.2.
28 Stocks Moving in Friday’s Pre-Market Session
Gainers
CAI International, Inc. (NYSE: CAI) rose 45.1% to $55.35 in pre-market trading after the company agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.
48 Biggest Movers From Yesterday
Gainers
Gaucho Group Holdings, Inc. (NASDAQ: VINO) shares jumped 95.1% to close at $7.98 on Wednesday. Gaucho Group highlighted the launch of its Amazon Storefront.
Why Chinese Education Stocks Are Trading Lower Today
Shares of several Chinese education stocks are trading lower following reports suggesting China will impose tougher restrictions on the private tutoring industry, including bans on vacation tutoring.
Analysts from Morgan Stanley also downgraded the Chinese education stocks.