Why Houghton Mifflin Harcourt Stock Was Up Again on Friday
Shares of educational materials company Houghton Mifflin Harcourt (NASDAQ: HMHC) are on the rise Friday. As of 1:15 p.m. EDT, the stock was up by 23.8%. One might expect some substantial news would be driving a move like this, but in reality, things were quite quiet.
Instead, the day's upward move appears to have been a continuation of Thursday's rise, which was cued by the company's announcement of some significant structural changes to its business.
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Source Fool.com
