Strategic Education ( (STRA) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Strategic Education’s stock has seen a notable decline due to mixed fourth-quarter results. While the company’s adjusted EBITDA and EPS surpassed expectations, revenue and enrollment numbers were disappointing, leading to a 17% drop in stock price. In response, Barrington has lowered its price target, reflecting concerns over the weaker-than-expected revenue and enrollment figures despite strong earnings.
More about Strategic Education
YTD Price Performance: 6.04%
Average Trading Volume: 105,885
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.41B
For further insights into STRA stock on TipRanks’ Stock Analysis page.
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