1300 ET - The stocks of for-profit colleges are getting a boost from Donald Trump's presidential victory, BMO Capital Markets analyst Jeffrey Silber says in a research note. The Biden administration increased oversight and regulatory pressure on the sector, particularly with a regulation where for-profit institutions must prove their degrees confer adequate employment benefits for students after graduation, the analyst says. The Trump administration basically rescinded a similar regulation during his first administration and could aim for a repeat now, Silber says. He calls out Adtalem Global Education, Grand Canyon Education and Strategic Education as potential beneficiaries. Their shares are up 9%, 12% and 10%, respectively. (dean.seal@wsj.com)
(END) Dow Jones Newswires
November 06, 2024 13:00 ET (18:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。