Shares of Career Education (CECO -14.3%) suffer another beating on top of yesterday's 48% swoon,...

|About: Career Education Corporation (CECO)|By:, SA News Editor

Shares of Career Education (CECO -14.3%) suffer another beating on top of yesterday's 48% swoon, dropping to an 11-year-low $6.95 at one point, after the for-profit educator's disappointing Q3 results and departure of its CEO. Wunderlich downgrades shares to Hold and reduces its target price to $12 from $23.