Bearish Stocks at NYSE: New Oriental Education & Tech (NYSE:EDU), Silvercorp (NYSE:SVM), Furmanite (NYSE:FRM), Centrais Eletricas Brasileiras (NYSE:EBR.B)
After social platform YY launched a new online education offering and New Oriental Education & Tech Grp (ADR) (NYSE:EDU)’s stock sank 14%, Oppenheimer thinks that YY’s product faces a number of significant hurdles, including the firm’s belief that Internet education is a better fit for adults than teenagers, who have become the main consumers of overseas test prep in recent years, according to the firm. … Continue reading Bearish Stocks at NYSE: New Oriental Education & Tech (NYSE:EDU), Silvercorp (NYSE:SVM), Furmanite (NYSE:FRM), Centrais Eletricas Brasileiras (NYSE:EBR.B)