Scholastic shares are trading lower after the company reported worse-than-expected Q1 financial results.
Portfolio Pulse from Benzinga Newsdesk
Scholastic Corporation (SCHL) shares are trading lower following the company's worse-than-expected Q1 financial results.
September 21, 2023 | 8:21 pm
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Scholastic Corporation's shares are expected to trade lower due to worse-than-expected Q1 financial results.
Scholastic Corporation's Q1 financial results were worse than expected, which is a negative signal to investors. This could lead to a sell-off of the company's shares, causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100