Why TAL Education Group Stock Popped Today

Shares of TAL Education Group (NYSE: TAL) jumped today after the Chinese education stock posted better-than-expected results in its second-quarter earnings report. 

The stock finished the day up 10.1% as a result.

After the Chinese government banned for-profit core academic tutoring services for K-12 students last year, TAL was forced to close most of its business and focus instead on adjacent markets.

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Source Fool.com