15 12, 2023

Scholastic Falls 12% on Weak Earnings and Guidance, But It’s Not Time to Cut Losses Yet

By |2023-12-15T18:36:57+00:00December 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Scholastic Corporation (SCHL) reported Q2 earnings Thursday after the bell, sending shares lower in extended trading. They pick up where they left off Friday morning when the market opened, falling 12% so far. This came after the company, which offers resources and tools for educators, families, and kids themselves, reported disappointing results for the [...]

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24 10, 2022

$75 Million Scholastic Buyback Sends Shares Soaring 13%+…Should You Buy Now?

By |2023-12-07T21:11:09+00:00October 24th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Scholastic Corp. (SCHL) announced early today that they will be initiating a stock buyback worth up to $75 million - approved by their board of directors. The common stock repurchase will take place through a Dutch Auction and is expected to fall somewhere in the purchase price/share of $35-40 - not accounting for taxes/interest. [...]

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