AMBO Experiences Over 20% Decline as US Education Stocks Face Downturn

3 days ago

On Tuesday, US-listed Chinese education stocks witnessed a downturn. Ambow Education (AMBO, Financial) saw a significant decline, dropping over 20% to $3.21. The trading volume for AMBO reached $18.25 million.

Similarly, Youdao (DAO) fell by more than 3%, with its price at $5.375 and a trading volume of $464,500.

Gaotu Techedu (GOTU) also experienced a sharp decline, losing over 12%, with its price falling to $3.83 and a trading volume of $8.45 million.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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