Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of postsecondary education provider Education Management
So what: Education Management's jump came as competitors ITT Educational Services
Now what: The for-profit education sector has been absolutely crushed this year, as the government started getting concerned about certain aspects of the schools' operations -- including their eligibility for federal dollars. Uncertainty ranks high on the list of things investors hate, so these stocks will likely stay under pressure until there is more clarity about what Uncle Sam plans to do.
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Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his Motley Fool CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy assures you no Wookiees were harmed in the making of this article.