Apollo Group Withdrew Its Financial Forecast For 2011
- YouTube
Apollo Group Withdrew Its Financial Forecast For 2011
"Apollo Group (NASDAQ:APOL), the operator of the University of Phoenix, withdrew its financial forecast for 2011, citing a possible 40% decline in new students, and regulatory scrutiny, according to a Bloomberg report. Enrollment of new students in degree programs decreased to 92000 in the fiscal fourth quarter. Apollo Group, Inc. provides higher education programs for working adults. The Company provides educational programs and services at the high school, undergraduate, and graduate levels online and on-campus through subsidiaries. SmarTrend is bullish on shares of Apollo Group and our subscribers were alerted to buy on September 03, 2010 at $45.22. The stock has risen 9.5% since the alert was issued.
YouTube | October 14, 2010
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