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Why is Perdoceo Education Corporation (PRDO) Stock down?

We've noticed a 5.84% decline in Perdoceo Education Corporation (PRDO) stock during the 2024-08-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
20 Nov, 2023:

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.

$16.40
price down icon 0.43%
$86.01
price down icon 0.14%
$15.62
price up icon 0.84%
$72.02
price up icon 0.42%
education_training_services LRN
$64.49
price down icon 0.20%
education_training_services KLC
$28.31
price up icon 0.78%
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