Apollo Group Inc. (APOL) reported second quarter adjusted earnings from continuing operations of $0.34 per share Monday morning, down from $0.57 a year ago. The consensus estimate was for EPS of $0.18.
Apollo Group gapped open sharply higher Monday and is now up 2.06 at $19.10 on above average volume. The stock has risen to a 1-month high and has re-crossed its 50-day moving average.
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