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0 0 -0.000715797335988925 -0.000242748661770119 0.00364122992655302 -0.00224075687787866 0.000809162205900631 0.000684675712685259
Stock impact report

Grand Canyon Education (LOPE) Stock Trades Up, Here Is Why [Yahoo! Finance]

Grand Canyon Education, Inc. (LOPE) 
Last grand canyon education, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gcu.edu
Company Research Source: Yahoo! Finance
The expanded buyback program, which increased the total authorization to $2.545 billion, signaled management's confidence in the company's value. After the initial pop the shares cooled down to $161.10, up 2.6% from previous close. Is now the time to buy Grand Canyon Education? Access our full analysis report here Grand Canyon Education's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was about 1 month ago when the stock dropped 9% on the news that the company's third-quarter results revealed a significant decline in profit, largely due to a $35 million reserve set aside for a litigation settlement. While revenue grew 9.6% year on year to $261.1 million, boosted by a 3.5% increase in student enrollments Show less Read more
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