Advertisement

Why TAL Education Stock Popped Today

Why TAL Education Stock Popped Today

Shares of TAL Education (NYSE: TAL) have popped today, up by 15% as of 11:35 a.m. EST, after the company reported fiscal third-quarter earnings. The results were mixed relative to analyst expectations. "In the third quarter, along with the effective measures China's government has taken to continuously improve the public health situation and economy, we are pleased to see our tutoring business has also demonstrated on-track performance in this fiscal quarter," CFO Rong Luo said in a statement.