For-Profit Ed Stocks Soar on News of Republican Opposition to Regulation

For-Profit ed stocks soared on news that Republicans will oppose tighter regulation. John Kline, the Republican who will head the House Ed Committee, said he'd oppose any stricter rules on for-profit schools and "push hard" against any bill coming out of Senator Harkin's committee.

As a result, stocks rose 2.6% for 13 ed companies.

See the original article on Bloomberg.or the thread from the Democratic Underground: