Alert: Major Price Decline (12/20/24)-Scholastic Corp (NASDAQ: SCHL).

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Scholastic Corp (NASDAQ: SCHL) stock suffered a major decline of -20.2% on 12/20/24. The shares closed at $19.81. Moreover, trading volume in this decline was exceptionally high at 772% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -22.5% during the last week.

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Current PriceTarget Research Rating

Scholastic has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Scholastic has a good Appreciation Score of 84 but a very low Power Rating of 13, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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