New Oriental Education (EDU -4.8%) shoots lower on heavy volume after Muddy Waters' Carson Block...

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

New Oriental Education (EDU -4.8%) shoots lower on heavy volume after Muddy Waters' Carson Block back up his previous attack on the Chinese private education company to Bloomberg. (Point/counterpoint: Muddy Waters' research report, Wells Fargo reiterates its Overweight rating on EDU)