Scholastic Corp

NASDAQ: SCHL
$35.61
-$0.07 (-0.2%)
Closing price April 22, 2024
Scholastic Corporation is a global leader in publishing and distributing children's books, known for beloved series like Harry Potter, Hunger Games, and Clifford The Big Red Dog. Beyond books, Scholastic offers eBooks, media, and interactive products through school book clubs, fairs, and retail channels. It also provides educational solutions with classroom magazines, materials, and programs, supporting teachers and students alike. Additionally, Scholastic has an international presence, offering books and educational materials in multiple languages. Founded in 1920, Scholastic continues to enrich the minds of young readers and educators worldwide from its New York headquarters.
Scholastic released its most recent quarterly results before the markets opened on Thursday. Looking at the numbers year over year, there is a huge disparity, and a reason behind it.
Harry Potter publisher Scholastic is one stock that doesn’t get the attention that it deserves from investors.
Looking at the wider technology sector, or even wider markets in general, which companies sell off on a Twitter disappointment?
Scholastic announced that it had terminated its offer to purchase up to $200 million of its common stock through a modified "Dutch Auction" tender offer.
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