Capella Education (CPLA) Tops Q2 EPS by 17c; Sees Q3 Enrollment Erosion

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Gabelli Downgrades Capella Education (CPLA) to Hold

July 24, 2013 9:46 AM EDT

Gabelli downgraded Capella Education (NASDAQ: CPLA) from Buy to Hold. The changed follows Capella Education Q2 results yesterday, which sent shares lower. Importantly, management said new enrollment volatility is anticipated to continue.

"Even with the increased share price, the stock is not... More