Houghton Mifflin Harcourt Co. Slumps on CEO Resignation

Image source: Houghton Mifflin Harcourt.

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What happened

Shares of educational content and services company Houghton Mifflin Harcourt (NASDAQ: HMHC) tumbled on Friday following the announcement that President and CEO Linda K. Zecher had resigned. At 3:15 p.m. EDT, the stock was down about 12%.

So what?

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