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US stocks fluctuated: tal education rose nearly 2% before the market opened, and institutions are bullish on its industry prospects.
On June 26th, Gelonghui reported that TAL Education (TAL.US) pre-market trading rose 1.85% to $11.01. The latest research report from China Galaxy Securities stated that consumer confidence is gradually recovering, and the tourism and education sector with emotional and social value should be focused on. The core layout includes two main lines of K12 education and private education. It is recommended to pay attention to New Oriental, TAL Education, and so on. In addition, the company's previously announced Q4 net revenue exceeded expectations and each ADS earnings turned losses into gains after adjustment.
Nasdaq China Golden Dragon Index rose more than 1%.
On June 24th, Gelunhui reported that the Nasdaq China Golden Dragon Index rose more than 1%. New Oriental rose more than 7%, Tal Education and GDS Holdings rose more than 6%, Xpeng and Li Auto Inc. rose more than 3%.
Why Investors Shouldn't Be Surprised By TAL Education Group's (NYSE:TAL) P/S
When you see that almost half of the companies in the Consumer Services industry in the United States have price-to-sales ratios (or "P/S") below 1.5x, TAL Education Group (NYSE:TAL) looks to be givin
US stock market early trading | The three major indexes have mixed gains and losses, semiconductor stocks have declined, and Nvidia has fallen more than 4%.
Most popular China concept stocks declined, with XKE surpassing 4% decrease, Netease falling over 2%, JD.com and PDD Holdings both dropping nearly 2%, and Bilibili rising against the trend with over 3% increase.
Chinese online education stocks are generally rising, with Gaotu increasing by more than 5.7%.
As of June 13th, Gaotu increased by more than 5.7%, 17 education & technology increased by more than 5.1%, tal education increased by more than 3.1%, youdao increased by more than 1.7%, new oriental increased by more than 1.4%, and 51talk increased by more than 1.2%.
Institutional Investors in TAL Education Group (NYSE:TAL) Lost 8.5% Last Week but Have Reaped the Benefits of Longer-term Growth