The stock which fell the hardest as the block trades rolled through the US market was after school tutoring company GSX which plunged over 40%, a huge move for a $US10bn business – and that valuation was after Fridays close! When I started writing this report there was no fresh unusual block selling about but GSX continued to drift lower as buyers appetite was clearly on the wane and nerves still elevated.
MM is neutral GSX.
Add To Hit List
