U.S. stock market mid-session update: Quantasing down 7.46%

U.S. Stock Market Midday Update

Quantasing fell 7.46%, with increased trading volume. Based on recent important news:

1. On June 14, the company's main business revenue declined, and net profit decreased by 67.5% quarter-on-quarter, leading to a drop in stock price.

2. On June 10, Citigroup upgraded Quantasing to Buy, raising the target price to $9.52.

3. On June 18, Citigroup analysts further raised the target price to $14, with the stock price rising 3.21% in pre-market trading.

Stocks with High Trading Volume in the Industry

Duolingo fell 1.56%, with increased trading volume. Based on recent important news:

1. On July 10, Chief Technology Officer Severin Hacker sold 10,000 shares of Duolingo stock, leading to decreased market confidence in the company and a 1.56% drop in stock price.

2. On July 9, Morgan Stanley lowered the target price for Duolingo to $480 due to user backlash from an internal strategic memo, causing a 2.2% drop in stock price.

3. On July 11, Duolingo's capital investment increased by 1171%, and although it was profitable, the market still had doubts about its future investment strategy.

K12 International School fell 1.02%, with increased trading volume. Based on recent important news:

1. On June 26, Yimei International Holdings completed its subscription, leading to a 3.43% increase in stock price and increased trading volume, indicating a positive market response to its equity expansion plan.

2. On June 26, Meinian Health's block trading was discounted by 8.02%, putting pressure on the stock price and significantly increasing trading volume.

3. On June 25, China Merchants Securities International expected New Oriental's revenue growth, maintaining a Buy rating, boosting market confidence.

Adtalem fell 0.81%, with increased trading volume. Based on recent important news:

1. On July 9, Adtalem Global Education announced a new business expansion plan involving hospitals and medical services, with the market taking a wait-and-see attitude towards its expansion strategy, leading to a 0.81% drop in stock price.

2. On July 8, Adtalem announced a partnership with SSM Health aimed at enhancing medical education services; however, investors were skeptical about the effectiveness of the collaboration, impacting stock performance.

3. On July 7, analysts expressed concerns about Adtalem's future profitability, expecting a slowdown in its education business growth, leading to decreased market confidence.

Stocks with High Market Capitalization in the Industry

Pearson fell 0.66%, with increased trading volume. Based on recent important news:

1. On July 10, Pearson announced updates to its English language assessment product PTE and launched a new exam, Pearson English Express Test, with a positive market reaction and stock price volatility.

2. On July 10, Pearson added 30 new PTE test centers globally, particularly performing well in the Chinese market, driving market attention On July 10th, Pearson's product update and market expansion plan demonstrate its ongoing investment in the education services sector, boosting investor confidence