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Scholastic Under Pressure After Reporting Wider Than Expected Q3 Loss

Shares of Scholastic (SCHL) have come under pressure during trading on Thursday, with the publishing company slumping by 4.2 percent. Scholastic hit a four-month intraday low earlier in the session.

The notable decline by Scholastic comes after the company reported a wider than expected third quarter loss on revenues that also missed estimates.

by RTT Staff Writer

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