New Oriental Education & Technology Group Inc. - ADR

NYSE:EDU   3:59:59 PM EDT
2.00
+0.14 (+7.84%)
4:07:32 PM EDT: $1.99 -0.01 (-0.25%)
Other Pre-Announcement

New Oriental Education & Technology Plans To Cease Offering Tutoring Services

Published: 11/15/2021 01:17 GMT
New Oriental Education & Technology Group Inc. - ADR (EDU) - Plans to Cease Offering Tutoring Services at All Learning Centers Across China by End of 2021.
Expects Cessation to Have Substantial Adverse Impact on Co's Revenue for FY2022 & Subsequent Periods.
Will Shift Focus & Resources Towards Educational Products and Services Not Related to K-9 Academic Ast Services.
Further Company Coverage: 9901.
Hk.
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