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Stock Alert: RISE Education Cayman Jumps 32%

Shares of RISE Education Cayman Ltd. (REDU) are gaining more than 32 percent or $1.87 in Tuesday's morning trade at $7.67 despite no specific news that could influence the stock.

U.S. stocks are mixed in choppy trading on Tuesday after the S&P 500 touched a fresh record intraday high earlier. The Nasdaq Composite also hit a record high, while the Dow Jones Industrial Average fell after shares of Walmart and Home Depot turned negative.

RISE Education is a China-based provider of junior English language training services. The stock has traded in a range of $3.00 to $8.97 in the past 52 weeks.

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