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.

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Source: Fool.com