Morgan Stanley Downgrades New Oriental Education to Equal-Weight, Announces $8.6 Price Target
Morgan Stanley analyst Sheng Zhong downgrades New Oriental Education (NYSE: EDU) from Overweight to Equal-Weight and announces $8.6 price target.Morgan Stanley analyst Sheng Zhong downgrades New Oriental Education (NYSE:EDU) from Overweight to Equal-Weight
China Plans To Crackdown On Private Tutoring Companies: Reuters
China is planning a tough crackdown on the country's $120 billion private tutoring industry, Reuters reported.
China to Impose Tougher Restrictions on Private Tutoring Industry, Including Bns on Vacation Tutoring, Restrictions on Advertising
-Reuters
https://www.reuters.com/world/china/exclusive-china-unveil-tough-new-rules-private-tutoring-sector-sources-2021-06-16/
42 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Orphazyme A/S (NASDAQ: ORPH) surged 105% to $10.71.
55 Biggest Movers From Yesterday
Gainers
DLocal Limited (NASDAQ: DLO) shares jumped 54.2% to close at $32.39 on Thursday. DLocal raised around $92.6 million from the sale of 4.4 million shares in its IPO.
46 Stocks Moving In Thursday’s Mid-Day Session
Gainers
GTT Communications, Inc. (NYSE: GTT) shares jumped 66% to $4.16 on abnormally-high volume. The company’s stock also jumped over 57% on Wednesday.