Schoo, a video-based learning service, saw its share price plunge to a record low since listing. The company is expected to revise down its earnings forecast for the fiscal year ending September 2026 amid slowing prospects for winning contracts from large enterprises.
Schoo, a video-based learning service, plunged below its offering price on the exchange to a record low since listing. According to the article, the share price fell sharply in recent trading.
The reported background was that contract wins from large enterprises fell short of expectations. This is reportedly raising concerns about the impact on the earnings outlook.
The company is reportedly expected to revise down its earnings forecast for the fiscal year ending September 2026 in response to this development.