Four Seasons Education (NYSE:FEDU) Stock Suddenly Soars 45%: What’s Going On?
Four Seasons Education (NYSE:FEDU) jumped 45% as some Chinese Education stocks continue struggling with regulations. The Chinese government is looking to spur economic growth, and it is forcing for-profit education firms to be non-profits. However, others such as FEDU have been gaining considerably with savvy trading strategies such as the latest buyback.In July, the Communist Party sought to tighten education sector regulations in a bid to make educational tools accessible…