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home / news releases / adtalem global education positive guidance but volat

ATGE - Adtalem Global Education: Positive Guidance But Volatility Is Expected

Adtalem Global Education Inc.

2024-02-05 04:42:59 ET

Summary

  • Safkhet Capital's report caused a 19% drop in ATGE's share price, but management denies the allegations and calls the report false.
  • Adtalem Global Education's Q2 FY24 revenue rose 8.3% due to strong performance in the Chamberlain and Walden segments.
  • Despite positive financial results and attractive valuation, the Safkhet report and potential volatility make investing in ATGE risky.

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For further details see:

Adtalem Global Education: Positive Guidance But Volatility Is Expected
Stock Information
Company Name: Adtalem Global Education Inc.
Stock Symbol: ATGE
Market: NYSE
Website: adtalem.com
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