On Friday, Visionary Education Technology Holdings Group Inc. (NASDAQ:VEDU) experienced a significant drop of 41.1% in its stock price. The company’s shares traded as low as $0.20 and closed at $0.22. Trading volume was much higher than usual, with 1,668,981 shares changing hands, an increase of 212% from the average daily volume of 534,655 shares.
Visionary Education Technology Holdings Group is a private educational organization that provides a range of programs and services to students in Canada and around the world. They offer secondary school diploma programs, two-year college diploma programs, four-year university diploma programs, vocational education programs, and master’s degree programs. Despite their strong offerings, the company has been struggling financially in recent times and this drop in stock price may be an indication of their difficulties.
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