logo
Plus   Neg
Share
Email

Stock Alert: Wah Fu Education Soars 500%

Stocks of Chinese education-based companies like Wah Fu Education (WAFU), Tarena International (TEDU), Four Seasons Education (FEDU) and Ambow Education (AMBO) have recorded significant gains on Thursday morning despite no stock-related news to drive the shares.

WAFU is currently trading at $14.15, up $11.90 or 528.89%, while TEDU is trading at $2.9399, up $0.5399 or 22.4958%, on the Nasdaq.

FEDU is trading at $1.54, up $0.27 or 21.26%, and AMBO is trading at $2.58, higher by $0.88 or 51.76%.

These micro-cap companies are trending in a similar manner like a few of Chinese financial technology companies did on Wednesday - Jiayin Group, (JFIN), Wins Finance Holdings (WINS) and China Finance Online (JRJC), had closed 727%, 271% and 89% higher respectively.

Meanwhile, stocks of big Chinese education companies like Tal Education (TAL), China Distance Education Holdings Limited (DL), GSX Techedu Inc. (GSX) and New Oriental Education (EDU) are not showing any big movements today.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Former Google engineer Anthony Levandowski was sentenced by a U.S. judge to eighteen months in prison for stealing trade secrets from Google's self-driving car unit before he defected to Uber's rival unit. Levandowski admitted that from 2009 to 2016, he worked in Google's self-driving car program, known then as Project Chauffer. JetBlue has strengthened its face covering policy, by prohibiting face masks with vents or exhalation valves, starting August 10. It will also no longer allow customers to claim exemptions from wearing a face covering altogether. Home Depot, Inc. is set to open three new distribution centers in Georgia over the next 18 months, which is expected to create an additional 1,000 new jobs in Greater Atlanta, including full-time and part-time positions. The home improvement retailer has already created more than 5,000 new jobs in Georgia over the last five years.
RELATED NEWS
Follow RTT