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Here's Why TAL Education Shares Are Falling

Published 18/04/2022, 19:21
© Reuters.  Here's Why TAL Education Shares Are Falling
TAL
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Shares of several Chinese companies, including TAL Education Group (NYSE: TAL), are trading lower as investors digest recent economic data. Investors also continue to assess the economic impact of a surge in COVID cases in China.

According to CNN, at least 44 Chinese cities are under either a full or partial lockdown as authorities grapple with curbing the spread of COVID-19. Hong Kong confirmed 747 new coronavirus cases on Sunday as residents stepped out during the long-weekend Easter break after restrictions were eased.

See Also: Why DiDi Global Stock Is Falling

TAL Education is one of the leading tutoring providers in China.

According to data from Benzinga Pro, TAL Education has a 52-week high of $66.00 and a 52-week low of $1.60.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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