‘Fear’ of a President Warren Is Hurting For-Profit Education Stocks, Analysts Say
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For-profit education stocks may continue to be volatile as the sector prices in the rising poll figures for Democratic presidential candidate Elizabeth Warren, who’s been an outspoken critic of the industry.
The Russell 3000 Education Services Index (RGUSDES) shed roughly 13% in September, led in part by double-digit losses at Career Education Corp., Strategic Education Inc. and Adtalem Global Education Inc.