Why Chinese Education Stocks Rebounded Today
Shares of Chinese education stocks bounced back sharply in early trading on Wednesday as companies try to adjust to new regulations from China's government. There are still more questions than answers about what the growth and profitability of the industry looks like, but for now, the sell-off of the last week is taking a breather. Here's where stock prices were as of 2:30 p.m. EDT today.
As big as most of these gains are, shares of all four companies are down sharply over the past week, and it's unlikely this is the end of the volatility for Chinese education stocks.
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