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Shares of ITT Educational (ESI +2.3%) have been all over the board today following the company's...

Shares of ITT Educational (ESI +2.3%) have been all over the board today following the company's Q2 miss. The stock initially jumped nearly 9%, perhaps on news new student enrollment increased 7.5%. Almost all other metrics fell however, including meaningful Y/Y decreases in revenue (-21.2%), operating income, operating margin, net income, EPS, continuing students (-17.7%), total student enrollment (-11.7%), persistence rate, and revenue per student. The stock sold-off sharply during the call, falling nearly 7%, before breaking higher in afternoon trading.
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