Volume Spike Investor

Education stocks continue to get pounded after new Department of Education indications on guidelines and rules: Apollo Group Inc. (NASDAQ: APOL) is actually getting some buying this morning and shares are up 0.4% at $39.10 on 275,000 shares pre-market.  This one might be better except the tape for peers is so bad.  The 52-week range [...]

Allied Irish Banks plc (NYSE: AIB) is down sharply this morning but off the lows after it is in discussions with the Financial Regulator in order to agree its capital requirements.  Shares were down close over 15% in early ADR trading this morning and at 8:44 AM EST shares are down 14.6% at $3.80 on [...]

These are this Friday’s top day trader alerts and active trader alerts we have seen on the move based upon events.  We have an explanation and added color on each where applicable: Apollo Group Inc. (NASDAQ: APOL) is trading down sharply after providing preliminary guidance that is short of estimates for Q2.  The company is [...]

Apollo Group Inc. (NASDAQ: APOL) is getting hammered but not quite as bad as last night.  The online education posted solid earnings and enrollment growth.  But two issues hit it with the first being the sustainability of enrollments.  The second and much more important issue, far more important, is an SEC inquiry into revenue recognition [...]

Corinthian Colleges, Inc. (NASDAQ: COCO) did beat earnings and raise guidance… but this and education stocks have moved up so much from the lows as a play on the ‘adults back to school during the recession.’ It posted $0.31 EPS vs. $0.24 estimates and gave revenues up 29% to $353.5 million versus estimates of $342.9 [...]

For-profit education stocks are rising in above-average premarket trading volume after Apollo Group (Nasdaq: APOL) beat earnings expectations by 14 cents a share and boosted its stock buyback program, on the back of a stronger-than-expected new student start rate. The company in a conference call said that the percentage of revenue that comes from federal [...]

Apollo Group, Inc. (NASDAQ: APOL) is seeing a big drop on large volume this morning.  At 10:06 AM EST we see shares are down 7% at $49.05 on 2.5 million shares. This move is after the “effective immediately” resignation of Brian Mueller as President and Director.  Mueller served as President of Apollo Group since early [...]