Description: Shares of for profit education owners sank after University of Phoenix owner Apollo reported a decline in enrollment.
Source: CNNMoney.com.com – video report
Date: Jan 09, 2013
Link: http://money.cnn.com/video/investing/2013/01/09/investing-education-phoenix-apollo.cnnmoney/
Questions for Discussions:
- Why has Apollo’s stock fallen recently?
- Explain their business model and whether you think it is sustainable?
- Would you be an investor in the stock?
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