$SCHL is one of biggest losers #stocks today. read more:

Scholastic Corporation (symbol: SCHL) was one of the worst losers of the
trading day today (2016-01-21), losing -10.56%. The number of shares that
changed hands was 2,401,711, or about 10 times the average daily volume in
the stock.
The closing price was $33.64, amounting to a market cap of $1,150,000,000,
about -27.31% off the highest price in the last 12 months. The stock has
been trading at a range between $30.34 and $46.28.
SCHL is in the Books industry, part of the Consumer Services sector. It
first went public in 1992.
Looking at its valuation, the stock is now trading at 4.17 times earnings.