Alert: Major Price Decline (12/15/23)-Scholastic Corp (NASDAQ: SCHL).


On 12/15/23, Scholastic Corp (NASDAQ: SCHL) stock suffered a major decline of -11.6%, closing at $36.66. Moreover, trading volume in this decline was exceptionally high at 603% of normal. The stock has declined -6.9% during the last week but has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

SCHL is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Scholastic has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Scholastic has a slightly positive Power Rating of 65 and a slightly positive Appreciation Score of 67, triggering the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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