Given Scholastic's earnings miss and the historical context of a significant stock price drop following the previous quarter's earnings miss, it is likely that SCHL's stock price will experience a short-term decline. The relevance of the news is high as it directly pertains to the company's financial performance, and the importance is also high due to the potential impact on investor sentiment and stock price. The confidence level is not at 100 due to market unpredictability and other external factors that could influence stock price movement.