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.
40 Stocks Moving In Friday’s Mid-Day Session
Gainers
SemiLEDs Corporation (NASDAQ: LEDS) shares jumped 68.8% to $25.49 after gaining 23% on Thursday.
Earnings Scheduled For May 24, 2021
Companies Reporting Before The Bell
• Genetron Holdings (NASDAQ:GTH) is expected to report quarterly loss at $0.18 per share on revenue of $14.21 million.