Shares of Scholastic (NASDAQ:SCHL) rose 5% after receiving a positive consensus rating from Wall Street analysts, currently holding a “Buy” rating. The stock cooled down to $25.74, up 3.9% from the previous close. The market perceives this news as significant, but not a game changer, given the stock’s volatility. Two days ago, the stock dropped 1.2% after B. Riley initiated coverage with a “Buy” rating and a $37 price target. Scholastic is up 21.8% YTD but still trades 19.7% below its 52-week high. Investors who bought $1,000 worth 5 years ago would now have $1,153.

Read more at Barchart: Scholastic (SCHL) Stock Trades Up, Here Is Why