Saw this on Yahoo today, is there an ETF for Education Services as well?
The major indices come off their best levels as financials (-0.3%) dip into the red. The investment banks & brokerages group was up 1.6% shortly after the opening bell, but is now down 1.9% after a quck reversal.
The worst performing S&P 500 group is education services (-23.5%), due weakness in its only component--Apollo Group (APOL 43.03, -13.31). Shares of the for-profit education provider are getting hammered after the company reported earnings of $0.41, which fell short of the consensus estimate by 12 cents
I think this sort of misses the point of a group doesn't it? Or does it get to be a group because group is in it's name?