Explosive Corinthian Colleges Volume (COCO)
Corinthian Colleges Inc. (NASDAQ: COCO) shares the same crummy fate right now of many for-profit education stocks under fire for government student loan funding and regulation based upon loan default rates and based upon a lack of real job expectations after graduation. Yet here we sit on an otherwise quiet day with shares up 8% [...]
Corinthian Colleges Down Under Investigation
Corinthian Colleges Inc. (NASDAQ: COCO), the for-profit, post-secondary education company, is down 6.85% in pre-market trading this morning, from $5.40 to $5.03, and has already traded 60,660 shares. This change comes during a 52-week range of $4.88 to $20.29, effectively highlighting the company’s hardships, which involve a 51% 4-week price decline. Corinthian Colleges is currently [...]
Education Battered, Many 52-WEEK LOWS (APOL, CECO, EDMC, COCO, DV, ESI, STRA)
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 [...]
Unusual Options Volume Spikes on Friday (NLY, COCO, HPQ, PCS, NTAP, NFLX, PHM, SUN)
Friday had some incredibly wild options moves in select names on a standout basis. We tracked some very unique and strange moves in options of Annaly Capital Management, Inc. (NYSE: NLY), Corinthian Colleges Inc. (NASDAQ: COCO), Hewlett-Packard Company (NYSE: HPQ), MetroPCS Communications, Inc. (NYSE: PCS), NetApp Inc. (NASDAQ: NTAP), Netflix, Inc. (NASDAQ: NFLX), PulteGroup, Inc. [...]
Corinthian, Not Spartan.. (COCO, APOL)
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 a group to watch (APOL, CECO, COCO, DV)
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 [...]
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