Dow Surges Over 100 Points; ModivCare Shares Plummet
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks saw gains with the Dow Jones rising over 200 points, while the NASDAQ and S&P 500 also increased. Notable movements included NETGEAR's shares surging 31% after a settlement announcement and ModivCare's shares dropping 53% due to a securities shelf announcement.
Global Economic Indicators: European markets closed higher, with Spain's inflation easing to 2.3%. In Asia, Japan's Nikkei 225 jumped 3.41%, while U.S. producer prices rose by 0.2% in August, and initial jobless claims increased slightly.
Analyst Views on GV
About GV
Visionary Holdings Inc. is a Canada-based private education provider which offers educational resources to students around the globe. The Company, through its subsidiaries, is primarily engaged in education-related businesses, which include high school education programs, real estate development, animation education, vocational education, online education and other education-related consulting services. Its segments include Rental, Education, Others, Construction and Real Estate. Its businesses include degree-oriented education, vocational education and education services. It offers four levels of degree-oriented education programs, namely OSSD, college, university bachelor’s degree, and master’s degree. It operates education services to support its students enrolled in both the degree-oriented and vocational education programs. Such support includes study visa and immigration visa services, student housing, job placement, and funding.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
