Why Skillsoft Stock Dropped 21.6% This Week

Skillsoft (NYSE: SKIL) had another rough week in what has been a difficult year for the stock. The digital education company, which provides learning management systems and content for corporations and organizations, saw its share price plummet 21.6% this week, from market close last Friday through the closing bell on Sept. 8, according to data provided by S&P Global Market Intelligence. 

The stock price is down 75% on the year, as of Sept. 9, and is trading at roughly $2.27 per share.

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Source Fool.com