U.S. stock market midday update: EpicQuest Education's new project profit potential questioned, stock price plummets 15.20%

U.S. Stock Market Midday Update EpicQuest Edu fell 15.20%. Based on recent key news: On April 9, EpicQuest Education announced the opening of new revenue streams through the high school acceleration and pathway program at Davis University. This move is seen as an important development for the company in the education sector; however, market concerns about its short-term profitability led to a 15.20% drop in stock price. Source: GlobeNewswire On April 9, EpicQuest Education announced in Toledo, Ohio, that its subsidiary Davis University has reached agreements with four Canadian high schools. These agreements provide high school students with accelerated pathways to college. Although this news shows long-term potential, it failed to alleviate investor concerns about short-term financial performance. Source: GlobeNewswire No other significant news recently. The education industry is facing policy changes and market competition. Top Stocks by Industry Trading Volume Duolingo fell 2.62%. Based on recent key news: On April 9, the lowering of industry entry barriers and the increase in potential competitors led to a shift in Duolingo's competitive advantage, affecting its stock price. Source: Zhitong Finance On April 8, Duolingo reported fourth-quarter revenue of $282.9 million, a 35% year-over-year increase, exceeding expectations by 2.5%. However, the market still has doubts about its future growth. Source: Zhitong Finance On April 6, Duolingo announced it would release its first-quarter results for 2026 on May 4, and the market is taking a wait-and-see approach. Source: Zhitong Finance. Industry competition is intensifying, and the risk of AI replacement is increasing. Coursera rose 1.18%, with a trading volume of $19.88 million, and the volume has increased. There has been no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. New Oriental rose 0.77%. Based on recent key news: On April 8, New Oriental recorded a large cross-trade, with its stock price rising 3.4% compared to the previous day's closing price. This trade involved 46.31 million yuan, indicating strong buying interest in the stock, driving the price up. On April 8, net active buying amounted to 10.07 million yuan, with a buy-sell ratio of 58:42, indicating increased investor confidence in New Oriental, further supporting the stock price rise. On April 8, New Oriental's trading volume significantly increased to 125 million yuan, showing heightened market activity, which helped boost the stock price. Demand in the education sector is recovering, with noticeable capital inflow. Top Stocks by Industry Market Capitalization Pearson rose 0.67%, with increased trading volume. Based on recent key news: On April 9, JP Morgan raised Pearson's target price to 1,430 pence, reflecting market confidence in its future growth. This move may increase investor interest in the stock, subsequently affecting its price rise On April 7th, Pearson's Chief Financial Officer Sally Johnson left after nearly 26 years in the role, and Simon Robson joined in March 2026. Although the transition was planned, any leadership changes could introduce execution risks, which may have a certain negative impact on the stock price. Recent analysis indicates that Pearson's valuation is reasonable compared to the industry median, but significantly discounted relative to its five-year historical average. Analysts believe that with continued margin expansion, strong free cash flow generation, AI-driven cost efficiencies, and emerging enterprise skills and early career growth drivers, Pearson is expected to perform exceptionally well. The growth potential in the education sector is significant, with attention to policy changes