Rotten Tomato Stocks
No Result
View All Result
  • News
    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

    Oil slumps as fears over economic growth take center stage

    Oil slumps as fears over economic growth take center stage

    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

    Asian Shares Advance Despite Losses on Wall Street

    Asian Shares Advance Despite Losses on Wall Street

  • NYSE
    Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

    Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

    Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

    Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

    Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

    Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

    Target’s stock sinks toward worst day since Black Monday

    Target’s stock sinks toward worst day since Black Monday

  • NASDAQ
    Cisco, Travelers share losses contribute to Dow’s 75-point drop

    Cisco, Travelers share losses contribute to Dow’s 75-point drop

    Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

    Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

    Enanta Pharmaceuticals (NASDAQ:ENTA) Shares Gap Down After Analyst Downgrade

    Enanta Pharmaceuticals (NASDAQ:ENTA) Shares Gap Down After Analyst Downgrade

    Federal Agency Sends Team to Probe Tesla Crash That Killed 3

    Federal Agency Sends Team to Probe Tesla Crash That Killed 3

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

    Oil slumps as fears over economic growth take center stage

    Oil slumps as fears over economic growth take center stage

    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

    Asian Shares Advance Despite Losses on Wall Street

    Asian Shares Advance Despite Losses on Wall Street

  • NYSE
    Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

    Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

    Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

    Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

    Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

    Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

    Target’s stock sinks toward worst day since Black Monday

    Target’s stock sinks toward worst day since Black Monday

  • NASDAQ
    Cisco, Travelers share losses contribute to Dow’s 75-point drop

    Cisco, Travelers share losses contribute to Dow’s 75-point drop

    Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

    Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

    Enanta Pharmaceuticals (NASDAQ:ENTA) Shares Gap Down After Analyst Downgrade

    Enanta Pharmaceuticals (NASDAQ:ENTA) Shares Gap Down After Analyst Downgrade

    Federal Agency Sends Team to Probe Tesla Crash That Killed 3

    Federal Agency Sends Team to Probe Tesla Crash That Killed 3

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

Why New Oriental Education Stock Dropped Again on Monday

Editorial Staff by Editorial Staff
June 8, 2021
0
Why New Oriental Education Stock Dropped Again on Monday

What happened

Shares of Chinese for-profit education company New Oriental Education & Technology Group (NYSE:EDU) continued their downward trend Monday, falling 7.5% by 9:50 a.m. EDT. A downgrade from Credit Suisse appears to be to blame.

So what

There’s no particular bad news hitting New Oriental Education today, aside from the downgrade itself. But as TheFly.com reports this morning, Credit Suisse has pulled its outperform rating on the stock and downgraded it to neutral on worries about just how bad the worst-case scenario could be for China’s crackdown on for-profit education companies.

A new law restricting the activities of these companies isn’t due to go into effect until Sept. 1, but already the rumblings of restrictions on advertising, hours of operation, and where courses can be taught have Credit Suisse feeling nervous.

Now what

As the news gets “increasingly negative,” Credit Suisse is thinking that “the sector’s risk/reward is no longer attractive” says TheFly. And so, the investment bank is halting its recommendation of the stock now, and waiting to see the law to assess just how bad the news is, before making a final call on New Oriental Education.

Related Posts

Is China Yuchai International (NYSE:CYD) Using Too Much Debt?
NYSE

Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

May 20, 2022
Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market
NYSE

Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

May 20, 2022
Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade
NYSE

Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

May 20, 2022
Target’s stock sinks toward worst day since Black Monday
NYSE

Target’s stock sinks toward worst day since Black Monday

May 19, 2022
Load More
Next Post
Oil futures end lower, with U.S. prices retreating from their highest since 2018

Oil futures end lower, with U.S. prices retreating from their highest since 2018

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
10 Warning Signs That Should Tell You “This Stock is in Trouble”

10 Warning Signs That Should Tell You “This Stock is in Trouble”

November 11, 2019
Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

September 14, 2021
CN Rail Stock Is So Undervalued That it’s Absurd

CN Rail Stock Is So Undervalued That it’s Absurd

May 2, 2021
Nektar, worst performing stock in S&P 500, gets booted from the index

Nektar, worst performing stock in S&P 500, gets booted from the index

November 12, 2019

EDITOR'S PICK

Citigroup Inc. stock falls Friday, underperforms market

Citigroup Inc. stock falls Friday, underperforms market

December 11, 2021
U.S. Auto Sales Fall in Q1 as Chip Shortage Slows Factories

U.S. Auto Sales Fall in Q1 as Chip Shortage Slows Factories

April 4, 2022
Is Momo (NASDAQ:MOMO) Using Too Much Debt?

Is Momo (NASDAQ:MOMO) Using Too Much Debt?

April 22, 2021
Dow drops 622 points for worst session of 2022 because Ukraine fears are rising again

Dow drops 622 points for worst session of 2022 because Ukraine fears are rising again

February 18, 2022

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Grainne Capital Limited.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

Is China Yuchai International (NYSE:CYD) Using Too Much Debt?

Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

POPULAR POSTS

Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

Cisco, Travelers share losses contribute to Dow’s 75-point drop

Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

© Copyright 2021 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2021 RottenTomatoStocks.com

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.