Perdoceo Education Corporation (PRDO)

Shares of Perdoceo Education Corporation (PRDO) dropped by 6.36% from $18.09 to $16.94 in the trading on Monday, November 20, 2023. The reason why PRDO is down today is due to the announcement of leadership changes within the company, particularly the appointment of Todd Nelson as President and Chief Executive Officer. Investor reaction to this leadership change contributed to the drop in PRDO shares.