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Scholastic Climbs Off Worst Levels But Continues To Post Steep Loss

After gapping open sharply lower, shares of Scholastic (SCHL) have climbed off their worst levels but remain firmly negative in afternoon trading on Thursday. Scholastic is currently down by 5.8 percent after hitting its lowest intraday level in well over a year.

The initial sell-off by Scholastic came after the children's publishing, education and media company reported a fiscal first quarter loss that widened year-over-year.

by RTT Staff Writer

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