Doesn't look good for UTI. The stock plummeted 22% today as they face a mountain of lawsuits and possibly tough times ahead with gainful employment.
5 replies (most recent on top)
No more dividends. Looks like the middle if the end. Cost cutting is in full swing. I hear from employees there they are scavanging from inside just to stay open. No extra anything. Computers go down in an office, take from the lab. Borrow from here, borrow from there.
It will be a slow decline but a steady one. The layoffs will begin soon. Then a campus will go under to save money.
Get while the gettin is good.
Google is your friend.
I would like more information about the lawsuit against Universal Technical Institute.
Has anyone looked to see if Kim and all of the upper level management sold their stock shares before it tanked? I think the F.B.I would be interested in this. Just a suggestion because it happened in the past.
What does this investigation mean? Will NASCAR Technical Institute be shut down as a result of the Department of Justice's subpoena? Will more campuses follow? Oh God!