Shares of Apollo Group (APOL -2.3%) tumble after the SEC requests additional information...

|About: Apollo Education Group, Inc. (APOL)|By:, SA News Editor

Shares of Apollo Group (APOL -2.3%) tumble after the SEC requests additional information concerning its informal inquiry into its policies. A BMO Capital analyst writes that the notice represents an expansion of the SEC inquiry, given that it had been perceived to be limited to just Apollo’s handling of government loans.