TAL International Group Up 6% On Heavy Volume (TAL)

TAL International Group, Inc. TAL shares are soaring on heavy volume today, as the company announced an offering on Monday, and Wall Street is reacting favorably to it. Shares hit a 52 week high today, to trade at $38.40, and are hovering around those levels. At last check, shares were trading at $38.31, a gain of $2.19 on 230,000 shares. The average daily volume is just under 170,000 shares. TAL International Group, Inc. engages in the lease of intermodal containers and chassis. It operates in two segments, Equipment Leasing and Equipment Trading.