Apollo Group Rallying On Heavy Volume (APOL)

Private education stock Apollo Group APOL is heavily traded by hedge funds, and as a result the moves in the name can be fast and volatile. Year-to-date, APOL has been crushed, falling nearly 30% in 2010. The stock may have found a bottom, however, and has been moving higher since mid-August. During today's trading session, APOL has jumped 3.26% to $42.71. Volume has been heavier than normal. Apollo Group, Inc. (APOL) is a private education provider. The Company offers educational programs and services both online and on-campus at the undergraduate, graduate and doctoral levels through its wholly-owned subsidiaries, The University of Phoenix, Inc., Western International University, Inc., Institute for Professional Development (IPD), The College for Financial Planning Institutes Corporation (CFFP), and Meritus University, Inc. (Meritus).