For-Profit Education Stocks Whacked (STRA, CECO, COCO, DV, APOL)

The for-profit education stocks are getting smashed hard this morning, led by Strayer Education, Inc. STRA, which is down 26% in pre-market trading after the company reported dismal enrollment numbers. Shares of Career Education Corp. CECO, Corinthian Colleges, Inc. COCO, DeVry Inc. DV, and Apollo Group, Inc. APOL are all down at least 7% this morning on the back of the huge drop in shares of Strayer Education.