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Education Stocks Plunged with Apollo Group, Inc. (COCO, APOL, CECO, DV)
Posted by Tony on October 14, 2010 in Hot Stocks, Notable Stocks
Corinthian Colleges, Inc. (NASDAQ:COCO) plunged 16.94% to $5 on about 5.46 million shares after the for-profit educator, Apollo Group Inc., pulled its yearly outlook because of regulatory concerns facing the industry. Yesterday, the company announced that its President and Chief Operating Officer, Matt Ouimet, has given notice of his intention to resign from the Company [...]