{"id":194019,"date":"2023-09-22T15:39:16","date_gmt":"2023-09-22T15:39:16","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194019"},"modified":"2023-09-22T15:39:16","modified_gmt":"2023-09-22T15:39:16","slug":"scholastic-shares-drop-on-wider-quarterly-loss","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/scholastic-shares-drop-on-wider-quarterly-loss\/","title":{"rendered":"Scholastic Shares Drop On Wider Quarterly Loss"},"content":{"rendered":"<p> Shares of children&#8217;s book publishing company Scholastic Corporation (SCHL) are down more than 12% Friday morning after reporting wider loss in the first quarter due to weak demand.<\/p>\n<p>Net loss in the first quarter widened to $74.2 million or $2.35 per share from $45.5 million or $1.33 per share loss a year ago.<\/p>\n<p>Revenues decreased 13% year-on-year to $228.5 million.<\/p>\n<p>SCHL, currently at $34,12, has traded in the range of $28.22 &#8211; $47.25 in the last 1 year. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3392213\/scholastic-shares-drop-on-wider-quarterly-loss.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of children&#8217;s book publishing company Scholastic Corporation (SCHL) are down more than 12% Friday&#8230;<\/p>\n","protected":false},"author":4,"featured_media":194018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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