Gaotu Techedu Inc (NYSE: GOTU ), New Oriental Education & Tech Grp (NYSE: EDU ) and TAL Education Group (NYSE: TAL ) shares are trading higher by 6.90% to $1.24, 11.30% to $24.53 and 6.28% to $5.08 Monday morning. Shares of Chinese companies at large are trading … Full story available on Benzinga.com
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New Oriental Education & Technology Group Inc. (NYSE:EDU) closed Tuesday at $26.20 per share, down from $27.03 a day earlier. While New Oriental Education & Technology Group Inc. has underperformed by -3.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EDU rose by 11.02%, with highs […]
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Chinese tech stocks are rising as the threat of delisting recedes, amid strong earnings from Baidu (NASDAQ: BIDU ) and Pinduoduo (NASDAQ: PDD ). A tentative deal on U.S. regulators gaining access to the audits of Chinese companies listed in the U.S. was the main catalyst. The agreement means Chinese stocks may now be valued more on results, rather than just political tensions. If China is recovering from its Covid-19 lockdowns many shares will be getting a second look. The government of President Xi Jinping is also trying to goose growth ahead of his October re-election. Chinese Stocks: Not All Junk The shopping site Pinduoduo was the star among Chinese Stocks today. It delivered earnings of $1.33 billion on revenue of $4.7 billion for its most recent quarter. Both figures handily beat analyst estimates. Bank of America raised its price target on PDD to $89. It opened on Aug. 30 at $68. The shares are now up 20% on the year. Baidu had a net income of $543 million, $1.49/share under GAAP, on revenue of $4.4 billion.
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A pair of positive developments buoyed Chinese stocks.
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AMTD Digital Inc. (NYSE: HKD ) dipped 21.8% to $563.71 on possible profit taking after the stock surged over the last few trading days. AMTD IDEA Group (NYSE: AMTD ) fell 16% to $3.9299 after gaining over 8% on Friday. Pagaya Technologies Ltd. (NASDAQ: PGY ) dropped 13.5% to $19.69. Palantir Technologies Inc. (NYSE: PLTR ) fell 12.2% to $10.06 after the company reported worse-than-expected earnings results and issued weak guidance. New Oriental Education & Technology Group Inc. (NYSE: EDU ) dropped 11.3% to $23.82. WeTrade Group, Inc. (NASDAQ: WETG ) fell … Full story available on Benzinga.com
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New Oriental Education & Technology Group Inc. (NYSE:EDU) traded at $26.84 at close of the session on Friday, 08/05/22, made a downward move of -1.07% on its previous day’s price. Looking at the stock we see that its previous close was $27.13 and the beta (5Y monthly) reads 0.37 with the day’s price range being … New Oriental Education & Technology Group Inc.’s Stock Price Soared Recently, But There Might Be Trouble Ahead Read More »
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New Oriental Education & Technology Group Inc. (EDU)’s stock is trading at $26.37 at the moment marking a rise of 0.34% from the last session close. As of this writing, shares are priced at -11.30% less than their 52-week high of $29.73, and 213.93% over their 52-week low of $8.40. Based on the past 30-day […]
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Wall Street loved the latest earnings update from management.
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Bank of America told clients that New Oriental Education & Technology (EDU) should continue to grow as it views early 2022 as the trough for the company.
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New Oriental Education performed worse than peers with larger revenue declines. Read why I retain my bullish stance on EDU stock’s long-term prospects.
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https://www.investing.com/news/pro/new-oriental-education--technology-group-pt-raised-to-hk30-at-citi-432SI-2856568
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https://www.investing.com/news/pro/new-oriental-education-pt-raised-to-39-at-citi-432SI-2856563
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New Oriental Education & Technology Group Inc (NYSE: EDU ) reported a fourth-quarter FY22 sales decline of 56.8% year-on-year, to $524 million. The decline was mainly due to the cessation of K-9 academic after-school tutoring services in compliance with the government policies in China. Non-GAAP operating costs and expenses decreased 53.6% Y/Y to $600.9 million. The operating loss for the quarter … Full story available on Benzinga.com
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EDU earnings call for the period ending June 30, 2022.
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New Oriental Education & Technology Group Inc. (NYSE:NYSE:EDU) Q4 2022 Earnings Conference Call July 27, 2022 8:00 AM ET Company Participants Sisi Zhao – Director-Investor Relations…
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New Oriental Education (NYSE: EDU ) is set to give its latest quarterly earnings report on Wednesday, 2022-07-27. Here''s what investors need to know before the announcement. Analysts estimate that New Oriental Education will report an earnings per share (EPS) of $-1.46. New Oriental Education bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted … Full story available on Benzinga.com
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In the latest trading session, 1.2 million New Oriental Education & Technology Group Inc. (NYSE:EDU) shares changed hands as the company’s beta touched 0.40. With the company’s most recent per share price at $23.74 changing hands around $0.74 or 3.22% at last look, the market valuation stands at $3.91B. EDU’s current price is a discount, … New Oriental Education & Technology Group Inc. (NYSE: EDU) : Investors Should Not Dump EDU Stock In 2022 Read More »
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Hedgeye fired off a new pair trade idea with a recommendation to go long New Oriental Education & Technology Group (EDU) and short Koolearn Technology Holding Limited (KLTHF). Read more.
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New Jersey, NJ -- ( SBWIRE ) -- 07/11/2022 -- English E-Learning Market, Global Outlook and Forecast 2022-2028 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the English E-Learning Market. Some of the key players profiled in the study are Cambridge University Press, Cengage, EF Education First, Houghton Mifflin Harcourt, IXL Learning, John Wiley and Sons, New Oriental Education and Technology Group, Oxford University Press, Pearson & Sanako. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/4104997-english-e-learning-market English E-Learning Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by For Business & Career Development, For Quality & General Education & For Further Studies, Tests and Examinations, ,On-Premise & Cloud-Based and 18+ countries across the globe along with insights on emerging & major players.
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A new COVID-19 surge and a tech crackdown weighed on a broad range of Chinese stocks.
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Regulatory news and renewed COVID-19 fears hurt Chinese stocks today.
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Cambridge-based health-tech platform Healthera has received investment from Serafund , a VC fund backed by entrepreneur and investor Bob Xiaoping Xu, who co-founded New Oriental Education & Technology Group, Inc. (NYSE: EDU ). Healthera provides patients access to medicines, healthcare products, and … Full story available on Benzinga.com
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NEW YORK , June 24, 2022 /PRNewswire/ -- The latest market analysis report titled Digital Education Content Market by End-user and Geography - Forecast and Analysis 2022-2026 has been recently added to Technavio''s catalog. The report also projects the market to witness a potential growth difference of USD 47.10 billion from 2021 to 2026. The digital education content market will also witness an accelerating growth momentum at a CAGR of 11.94% during the projected period. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The r apid penetration of internet-enabled devices is driving the digital education content market growth positively. However, the increased availability of open educational resources may impede the market growth. View Market Report for more insights on CAGR and YOY growth variance analysis Digital Education Content Market Scope Report Coverage Details Page number 120 Base year 2021 Forecast period 2022-2026 Growth momentum & CAGR Accelerate at a CAGR of 11.94% Market growth 2022-2026 $ 47.10 billion Market structure Fragmented YoY growth (%) 10.34 Regional analysis North America, APAC, Europe, South America, Middle East and Africa, China, US, Canada, Germany, and UK Performing market contribution North America at 47% Key consumer countries US, Canada, China, UK, and Germany Competitive landscape Leading companies, competitive strategies, consumer engagement scope Companies profiled Adobe Inc., Ambow Education Holding Ltd., Apollo Global Management Inc., Articulate Global Inc., Cambridge University Press, Cengage Learning Holdings II Inc., Coursera Inc., D2L Corp., Echo360 Inc., Edutech, MPS Ltd., New Oriental Education and Technology Group Inc., NIIT Ltd., Oxford University Press, Pearson Plc, Providence Equity Partners LLC, Purdue University, TAL Education Group, Think and Learn Pvt.
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A hefty cash pile and easing regulations reinforce an optimistic outlook on New Oriental & Technology Group (EDU) from Citi on Friday.
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Several Chinese stocks fell along with the broader markets.
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NEW YORK , June 16, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AUVI, F, EDU, GE, and PLUG. … Full story available on Benzinga.com
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Futures Rise As ECB Panics And Fed Looms After five days of non-stop losses, US index futures finally bounced modestly along with stocks in Europe as the ECB announced it would hold an emergency meeting to undo the damage done by its meeting from last week, and ahead of the Fed which today will hike by 75bps, the most since 1994, and will then scramble to undo the damage from pushing the US into a recession in coming days and weeks. Contracts on the S&P 500 and Nasdaq 100 posted modest gains, rising 0.8% and 1% respectively, ahead of the Fed, with markets fully pricing in the biggest rate hike since 1994 amid worries about the outlook for the economy. Europe''s Stoxx Europe 600 index jumped more than 1%, snapping a six-day losing streak, while the euro strengthened and the region’s bonds advanced as the European Central Bank’s Governing Council started an emergency meeting. Treasury yields dipped and the dollar retreated from a two-year high. In premarket trading, major technology and internet stocks are higher in premarket trading along with US stock futures ahead of Wednesday’s Federal Reserve announcement, with investors expecting a 75 basis-point increase in rates.
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U.S. stocks traded higher this morning, with the Dow Jones gaining by more than 100 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.45% to 30,653.98 while the NASDAQ rose 0.52% to 10,865.65. The S&P also rose, gaining, 0.59% to 3,771.92. Also check this: Lions Gate Entertainment And 2 Other Stocks Insiders Are Buying Leading and Lagging Sectors Energy shares jumped by 2.8% on Tuesday. Meanwhile, top gainers in the sector included Continental Resources, Inc. (NYSE: CLR ), up 15% and Dynagas LNG Partners LP (NYSE: DLNG ) up 6%. In trading on Tuesday, real estate shares fell by 0.4%. Top Headline US producer prices rose 0.8% month-over-month in May, following a 0.4% increase in the previous month. Analysts were also expecting for a 0.8% increase in prices. Equities Trading UP Houston American Energy Corp. (NYSE: HUSA ) shares shot up 24% to $7.78. Shares of New Oriental Education & Technology Group Inc. (NYSE: EDU ) got a boost, shooting 20% to $20.45. JP Morgan, on …
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Upgrades For Western Asset Mortgage Capital Corp (NYSE: WMC ), JonesTrading upgraded the previous rating of Hold to Buy. In the first quarter, Western Asset Mortgage showed an EPS of $0.01, compared to $0.10 from the year-ago quarter. The current stock performance of Western Asset Mortgage shows a 52-week-high of $4.19 and a 52-week-low of $1.10. Moreover, at the end of the last trading period, the closing price was at $1.27. Noble Capital Markets upgraded the previous rating for Comtech Telecommunications Corp (NASDAQ: CMTL ) from Market Perform to Outperform. In the third quarter, Comtech Telecom showed an EPS of $0.06, compared to $0.26 from the year-ago quarter. The stock has a 52-week-high of $27.70 and a 52-week-low of $8.96. At the end of the last trading period, Comtech Telecom closed at $9.69. Canaccord Genuity upgraded the previous rating for Royal Gold Inc (NASDAQ: RGLD ) from Hold to Buy. In the third quarter, Royal Gold showed an EPS of $0.99, compared to $0.84 from the year-ago quarter.
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Black Monday: All Hell Breaks Loose As Stocks Plunge Into Bear Market, Curve Inverts, Cryptos Crater For all those claiming that stocks had priced in 3 (or more) 50bps (or more) rate hikes, we have some bad news. All hell is breaking loose on Monday, with futures tumbling (again) into bear market territory , sliding below the 20% technical cutoff from January''s all time high of 3,856 and tumbling as low as 3,798.25 - taking out the May 10 intraday low of 3,810 - before reversing some modest gains. S&P 500 futures sank 2.5% and Nasdaq 100 contracts slid 3.1%, in a session that has seen virtually everything crash. Dow futures were down 567 points at of 730am ET. The global selloff - which has dragged Asian and European markets to multi-month lows and which was sparked by a hotter than expected US CPI print which heaped pressure on the Federal Reserve to step up monetary tightening - accelerated on Monday as panicking traders now bet the Fed will raise rates by 175 bps by its September decision, implying two 50-bp moves and one hike of 75 bps, with Barclays and now Jefferies predicting such a move may even come this week.
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Gainers RISE Education Cayman Ltd (NYSE: REDU ) shares jumped 138.5% to settle at $3.41 on Friday. RISE Education announced expected timing for the completion of the merger with Dada Auto. The Singing Machine Company, Inc. (NASDAQ: MICS ) gained 60.4% to settle at $6.72. Cogent Biosciences, Inc. (NASDAQ: COGT ) shares surged 58.7% to close at $7.87 on Friday after the company reported initial data from its ongoing Phase 2 APEX clinical trial. Alpha Tau Medical Ltd. (NASDAQ: DRTS ) rose 40.2% to settle at $9.66. Alpha Tau Medical recently announced FDA approval of its IDE application to initiate its multi-center pivotal study for the treatment of recurrent cutaneous Squamous Cell Carcinoma using the Alpha DaRT. Redbox Entertainment Inc. (NASDAQ: RDBX ) gained 39.4% to close at $13.20 on above-average volume as the stock trended across social media platforms. AeroClean Technologies, Inc. (NASDAQ: AERC ) jumped 38.7% to close at $12.50. BIMI International Medical Inc. (NASDAQ: BIMI ) rose 30% to settle at $0.6762 after the company announced it entered a $5 million stock purchase agreement with chairman Fnu Oudom.
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Gainers Cogent Biosciences, Inc. (NASDAQ: COGT ) shares jumped 77% to $8.79 after the company reported initial data from its ongoing Phase 2 APEX clinical trial. G Medical Innovations Holdings Ltd (NASDAQ: GMVD ) jumped 26.9% to $0.6124 after declining 6% on Thursday. Regis Corporation (NYSE: RGS ) jumped 24.9% to $0.6984. Regis partnered with salon technology provider Zenoti to support its 5,000+ locations. Integrated Media Technology Limited (NASDAQ: IMTE ) surged 18% to $3.13. Integrated Media Technology announced Memorandum of Understanding to develop sourcing channel of halal products in Thailand. Scopus BioPharma Inc. (NASDAQ: SCPS ) gained 16% to $0.47. Borqs Technologies, Inc. (NASDAQ: BRQS ) shares rose 15.2% to $0.1976. Paltalk, Inc. (NASDAQ: PALT ) rose 14.4% to $2.2250 after the company acquired Visicom''s ManyCam assets for $2.7 million. Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN ) gained 13.1% to $0.9613 after the company announced a buyback of up to $8 million.
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Avery Dennison (AVY) declares $0.75/share quarterly dividend, 10.3% increase from prior dividend of $0.68.Forward yield 1.63%Payable June 15; for shareholders of record June 1;…
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MENTOR, Ohio--(BUSINESS WIRE)-- #AVY--Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly dividend. The board declared a quarterly dividend of $0.75 per share, representing an increase of approximately 10% over the previous dividend rate. The dividend for the second quarter is payable on June 15, 2022 to shareholders of record as of June 1, 2022. About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science
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Avery Dennison Corporation (NYSE:NYSE:AVY) Q1 2022 Earnings Conference Call April 26, 2022 12:00 P.M.
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The following slide deck was published by Avery Dennison Corporation in conjunction with their 2022 Q1 earnings call.
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Avery Dennison Corp (NYSE: AVY ) reported first-quarter FY22 sales growth of 14.5% year-on-year to $2.35 billion, beating the consensus of $2.28 billion. Reported sales for the Label and Graphic Materials segment increased 8% to $1.5 billion; Retail Branding and Information Solutions surged 41% to … Full story available on Benzinga.com
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Avery Dennison Corporation (AVY) is increasingly bullish on prospects for 2022 after offering a more optimistic full-year earnings outlook on Tuesday.The adhesive manufacturer…
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Avery Dennison Earnings, Revenue Beat in Q1
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Avery Dennison press release (AVY): Q1 Non-GAAP EPS of $2.40 beats by $0.23.Revenue of $2.35B (+14.6% Y/Y) beats by $70M.The company raised adjusted EPS guidance to $9.45 to $9.85 vs
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Companies Reporting Before The Bell • First American Financial (NYSE: FAF ) is estimated to report quarterly loss at $0.09 per share on revenue of $46.41 million. • Associated Capital Group (NYSE: AC ) is expected to report earnings for its first quarter. • TransUnion (NYSE: TRU ) is estimated to report quarterly earnings at $0.92 per share on revenue of $910.77 million. • Warner Bros.Discovery (NASDAQ: WBD ) is likely to report earnings for its first quarter. • Travelzoo (NASDAQ: TZOO ) is estimated to report quarterly earnings at $0.06 per share on revenue of $16.67 million. • NexPoint Residential (NYSE: NXRT ) is likely to report quarterly loss at $0.26 per share on revenue of $60.13 million. • First Commonwealth (NYSE: FCF ) is projected to report quarterly earnings at $0.30 per share on revenue of $94.06 million. • First Merchants (NASDAQ: FRME ) is expected to report quarterly earnings at $0.87 per share on revenue of $133.52 million. • First Foundation (NASDAQ: FFWM ) is projected to report quarterly earnings at $0.
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New Oriental Education & Technology Group Inc. (EDU) with the stream of -58.75% also noticed, India Boxlight Corporation (BOXL) encountered a rapid change of -5.34% in the last hour of The post Do Beta Hits Key Level? New Oriental Education & Technology Group Inc. (NYSE:EDU), Boxlight Corporation (NASDAQ:BOXL) appeared first on Stocks Equity .
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NEW YORK, July 23, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EDU, GOTU, TME, ARDX, and NCLH. To see how InvestorsObserver''s proprietary scoring system rates these stocks, view the InvestorsObserver''s PriceWatch Alert by selecting the corresponding link.
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China Stocks Tumble After Beijing Said To Plan Edtech Crackdown Another day, another communist crackdown by Beijing on a booming private sector, another plunge in Chinese stocks as the facade of " socialism capitalism with Chinese characteristics" is slowly chipped away. Chinas government is planning a crackdown on the countrys booming off-campus tutoring industry, in one of the biggest overhauls of the education sector that sent dozens of publicly listed stocks tumbling in Shanghai and Hong Kong, as part of a sweeping set of constraints that could decimate the countrys $100 billion education tech industry, sending shares crashing. According to SCMP, in one of the biggest overhauls in local edtech industry, local authorities will ask companies that offer tutoring on the school curriculum to go non-profit; they will also ban the provision of holiday and weekend tutoring, "and will no longer approve the establishment of new tuition centres, according to sources briefed on a newly released policy document promulgated by the State Council." As part of this non-profit conversion, companies that operate edtech platforms, or services that provide online education, will not longer be allowed to raise capital through initial public offerings.
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BEIJING, July 23, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today noted that certain English and Chinese language media outlets reported
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The share price of New Oriental Education on the Hong Kong Stock Exchange on Friday afternoon has suddenly slumped. As of 4:10 pm, its was selling at HK $30.60 per share down 39.63% hitting a new low since its Hong Kong debut. Its latest market valuation sits at HK $55.541 billion Read: New Oriental Educations Stock Price Plummets Amid Stricter Government Regulation on Pandaily .
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NEW YORK , July 20, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IMNM, ALDX, EDU, CFMS, and CYTK. Full story available on Benzinga.com
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Online Language Training Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Online Language Training market across the globe, including valuable facts and figures. Online Language Training Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will []
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New Oriental Education & Technology Group Inc. (EDU) with the stream of -0.68% also noticed, India AcelRx Pharmaceuticals, Inc. (ACRX) encountered a rapid change of -2.74% in the last hour The post Volume Buzz: New Oriental Education & Technology Group Inc. (NYSE:EDU), AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) appeared first on Stocks Equity .
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New Oriental Education & Technology Group Inc. (NYSE:EDU) with the stream of 5.60% also noticed, India Xunlei Limited (NASDAQ:XNET) encountered a rapid change of 4.60% in the last hour of The post Astounding Stock: New Oriental Education & Technology Group Inc. (NYSE:EDU), Xunlei Limited (NASDAQ:XNET) appeared first on Stocks Equity .
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New Oriental Education & Technology Group Inc. (NYSE:EDU) with the stream of 4.08% also noticed, India Vipshop Holdings Limited (NYSE:VIPS) encountered a rapid change of 2.53% in the last hour The post Stock Buzzers: New Oriental Education & Technology Group Inc. (NYSE:EDU), Vipshop Holdings Limited (NYSE:VIPS) appeared first on Stocks Equity .
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Li Auto Inc. (LI) with the stream of -2.25% also noticed, India New Oriental Education & Technology Group Inc. (EDU) encountered a rapid change of -10.17% in the last hour The post Hot Stock in the Spotlight: Li Auto Inc. (NASDAQ:LI), New Oriental Education & Technology Group Inc. (NYSE:EDU) appeared first on Stocks Equity .
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NEW YORK , July 8, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XELA, CARV, EDU, TME, and MU. Full story available on Benzinga.com
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Tencent, DiDi, and New Oriental Education can help us understand this out-of-favor sector''s regulatory landmines.
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MicroVision, Inc. (NASDAQ:MVIS) with the stream of -2.38% also noticed, India New Oriental Education & Technology Group Inc. (NYSE:EDU) encountered a rapid change of -3.07% in the last hour of The post Surging Volumes with Negative Closing: MicroVision, Inc. (NASDAQ:MVIS), New Oriental Education & Technology Group Inc. (NYSE:EDU) appeared first on Stocks Equity .
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Shares of New Oriental Education (NYSE: EDU ) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved down to $8.12. Sentiment: BEARISH Option Type: SWEEP Trade Type: CALL Expiration Date: 2021-07-16 Strike Price: $10.50 Volume: 6690 Open Interest: 45318 Three Ways Options Activity Is Unusual'' One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it. Another sign of unusual activity is the trading of a contract with an expiration date Full story available on Benzinga.com
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Applied Materials, Inc. (NASDAQ:AMAT) with the stream of -1.50% also noticed, India New Oriental Education & Technology Group Inc. (NYSE:EDU) encountered a rapid change of -5.03% in the last hour The post Heres What to Focus on: Applied Materials, Inc. (NASDAQ:AMAT), New Oriental Education & Technology Group Inc. (NYSE:EDU) appeared first on Stocks Equity .
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Netflix, Inc. (NASDAQ:NFLX) with the stream of 1.78% also noticed, India New Oriental Education & Technology Group Inc. (NYSE:EDU) encountered a rapid change of -3.22% in the last hour of The post Most Recent Figure Make This Stock Even More Attractive: Netflix, Inc. (NASDAQ:NFLX), New Oriental Education & Technology Group Inc. (NYSE:EDU) appeared first on Stocks Equity .
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