Scholastic Corporation (SCHL, Financial) experienced significant stock price volatility, dropping 5%. The stock is currently trading at $30.41 with a trading volume of 77,356 shares, a turnover rate of 0.27%, and an amplitude of 3.94%.
Recent financial reports show revenue of $237 million, a net loss of $62.5 million, and earnings per share at -$2.21. The company's gross profit stood at $93.6 million, with a price-to-earnings ratio of 56.5. Currently, there are no analyst ratings available for this stock.
The publishing industry saw an overall decline of 1.05%. Within the sector, Dallasnews Corporation - Series A, John Wiley & Sons - Class A, and John Wiley & Sons - Class B showed notable gains. Active stocks included Lee Enterprises, Gannett, and Scholastic Corporation with turnover rates of 0.91%, 0.42%, and 0.27% respectively. Stocks with significant price movements included Gannett, Scholastic Corporation, and Educational Development Corporation, with amplitudes of 4.54%, 3.94%, and 2.78% respectively.
Scholastic Corporation is a U.S.-based publishing and educational media company providing books and educational materials to schools, teachers, parents, and children. The company's product range includes print books, digital books, audiobooks, learning materials, course programs, classroom magazines, and other products that support children's learning both at home and at school. It holds exclusive rights to major book series such as "Harry Potter," "Dog Man," and "The Hunger Games." The company operates through three main segments: Children's Books Publishing and Distribution, Education Solutions, and International, with most revenue generated from the Children's Books Publishing and Distribution segment.
