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Apollo Group (APOL -9.2%) slumps after its Q3 earnings report shows University of Phoenix...

Apollo Group (APOL -9.2%) slumps after its Q3 earnings report shows University of Phoenix enrollment and new degreed enrollment fell 17% and 24.5% Y/Y respectively during the period. For their part, Barrington Research believes the company "will continue to disappoint investors as macroeconomic trends and company‚Äźspecific issues continue to put pressure on student starts." Across the sector: COCO -1.8%, STRA -2.96%, LOPE -0.41%, LINC -8%, ESI and EDMC flat.
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