New Oriental Education (EDU) Volatility Rises as Shares Flatten Following Drop

July 30, 2012 3:32 PM EDT
New Oriental Education & Tech (NYSE: EDU) shares are seeing increased volatility as the stock is looking to stem losses on the session.

Market data has implied volatility up 13.6 from last Friday's close to 6.5 percent overall. The level is at 72 percent of the trailing annual average.

Shares are down 9.7 percent on the session, but off of lows hit at about 3:00pm EDT. Shares reversed at the $10.60 - $10.70 level.

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