Scholastic Suffers Amid Funding Uncertainty and Revenue Drops
-17.21%current return
"Scholastic, ticker SCHL, is down about 10% this morning with key revenue segments underperforming. Their education solutions revenue dropped about 28% as schools delay or pull back on purchases amid uncertain federal and state funding."
— Lisa Mateo / Paul Souni
Scholastic (SCHL) is facing significant pressure with a 10% drop in share price, driven by declines in education solutions revenue and broader concerns over fluctuating federal and state funding for schools.
Company CommentaryBearish Medium ConvictionScore: 7.4
Company Commentary •Stock Movers • about 1 month ago