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mflutie

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mflutie

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Monday, 08/02/2004 8:28:52 AM

Monday, August 02, 2004 8:28:52 AM

Post# of 24977
CECO & APOL clobbered

Shares of Corinthian Colleges Inc. (NasdaqNM:COCO - News) fell sharply before the market open on Monday, after the education provider warned its fourth-quarter results would trail its previous forecast.

Corinthian shares fell to $14.25 in light trade on the INET electronic brokerage, down from its close of $18.72.

Additionally, shares of for-profit university operator Apollo Group Inc. (NasdaqNM:APOL - News) also lost ground. Apollo shares fell more than 7 percent to $77.45 on INET. Apollo had closed at $83.55 on Nasdaq on Friday.

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