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The latest announcement is out from Tarena International ( (TCTM) ).
TCTM Kids IT Education Inc. announced the resignation of its Chief Financial Officer, Mr. Xiaobo Shao, effective December 18, 2024, due to personal reasons. The resignation does not stem from any disagreement with the company, and the CEO, Mr. Xiaolan Tang, will serve as acting CFO as the company searches for a replacement. This change in leadership is a critical transition for TCTM, potentially impacting its operational focus and stakeholder confidence as they navigate the interim period.
More about Tarena International
TCTM Kids IT Education Inc. is a prominent provider of IT-focused supplementary STEM education services in China. The company offers a variety of educational programs, including computer coding and robotics programming, targeting children and teenagers aged three to eighteen. TCTM utilizes a comprehensive approach that includes live distance instruction, classroom-based tutoring, and online learning modules to foster logical thinking and learning abilities among students.
YTD Price Performance: -24.67%
Average Trading Volume: 208,444
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.54M
For a thorough assessment of TCTM stock, go to TipRanks’ Stock Analysis page.
