10 Stocks Crash Hard on a Roaring Monday

4. TAL Education Group (NYSE:TAL)

TAL Education dropped its share prices for a second day on Monday, losing 4.4 percent to finish at $10.22 apiece after earning a stock downgrade from Citigroup.

In a market note last week, Citigroup downgraded TAL Education Group’s rating and price target (NYSE:TAL) to “neutral” from “buy” and to $11.54 from $13.4, citing a balanced risk-reward profile.

Citigroup said that while TAL Education Group (NYSE:TAL) has a solid downside floor, it also faces limited near-term upside potential.

Concerns, however, linger on the company’s Content Solutions business, which focuses on learning devices, as persistent losses in the said segment are expected to spill over to fiscal year 2027 and significantly impact overall profitability.

TAL Education Group (NYSE:TAL) is a Chinese company listed only on the US stock exchange. While its core business is in China, it also operates in other countries such as Hong Kong, the US, Canada, and Singapore. It currently invests heavily in Artificial Intelligence in a bid to bolster its modern learning products and services.