Chinese private education service provider New Oriental Education (EDU) takes a dive after...

|About: New Oriental Education ... (EDU)|By:, SA News Editor

Chinese private education service provider New Oriental Education (EDU) takes a dive after CitronResearch says that based on Pearson's (PSO) $145M purchase yesterday of rival Wall Street English at a price-to-sales ratio of 2:1, shares of EDU ($47.60) may only be worth $14.25. EDU -5%.