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Why New Oriental Education Stock Caught Fire Today

·2-min read
Why New Oriental Education Stock Caught Fire Today
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Shares of New Oriental Education (NYSE: EDU) traded sharply higher today, gaining as much as 13%. The private education stock got a boost from China's decision to back skills-based education and push vocational training. In a press release that dropped late yesterday, the Chinese government laid out a strategy to promote vocational education among its population.

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