LOPE - Why Grand Canyon Education Stock Fell 16% in May
Shares of Grand Canyon Education (Nasdaq: LOPE) were heading lower last month after the for-profit educator offered disappointing guidance in its first-quarter earnings report. According to data from S&P Global Market Intelligence , the stock finished May down 16%.
As you can see from the chart below, all of the losses came after the company reported earnings on May 5.
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Why Grand Canyon Education Stock Fell 16% in May