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Why TAL Education Group Stock Dove Today

TheMotleyFool

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Why TAL Education Group Stock Dove TodayPhoto, wide shot, wide-angle lens, Personal care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/44547be2-b411-43fb-91ed-bf4a69577d94.png

Why TAL Education Group Stock Dove Today

Shares of TAL Education Group (NYSE: TAL) were sliding today after the Chinese tutoring company released disappointing results in its second-quarter earnings report. As of 11:54 a.m. EDT, the stock was down 10.7%.

TAL said revenue in the quarter jumped 68.1% to $455.7 million, topping estimates at $439.3 million. However, earnings per share was flat at $0.12, missing expectations by a penny.

Image source: Getty Images.

Source: Fool.com