Why Chinese Education Stocks Bounced Back Today
Stock markets are glowing green once again on Tuesday, but you probably won't believe what some of the greenest tickers of all are today: Chinese education stocks.
That's right, the industry that saw declines of as much as 74% for New Oriental Education (NYSE: EDU), 76% for TAL Education (NYSE: TAL), and 78% for Gaotu Techedu (NYSE: GOTU) last month in response to China's sudden crackdown on for-profit education companies, is bouncing back today.
As of 1:40 p.m. EDT:
Source Fool.com
