Comment on Why TAL Education Group Stock Dropped 13% Last Month

Why TAL Education Group Stock Dropped 13% Last Month

Shares of TAL Education Group (NYSE: TAL) fell 13% in July, according to data from S&P Global Market Intelligence, as the K-12 Chinese tutoring service posted a disappointing first-quarter earnings report and was attacked by short-seller Carson Block, who accused the company of committing fraud.As this chart shows, the stock took a sharp dive toward the end of the month as the two pieces of news came out one after the other:Continue reading

 

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