Adtalem Global Education Inc. (ATGE) shares gained 7.11% in after-hours on Thursday, July 1, 2021, and closed the day at $39.30 per share. Earlier in the morning session, ATGE’s stock gained 2.95% to close Thursday’s normal session at $36.69 per share. ATGE shares have risen 17.86% over the last 12 months, and they have moved down 0.52% in the past week. Over the past three months, the stock has lost 8.50%, while over the past six months, it has declined only 11.49%.
Joining S&P SmallCap 600
Adtalem Global Education will replace Boston Private Financial Holdings Inc. in the S&P SmallCap 600 effective before the opening of trading on Wednesday, July 7, 2021.
CAFCA Scholarship Program for BIPOC
On June 16, 2021, the Association of Certified Anti-Money Laundering Specialists which is a part of Adtalem Global Education Inc.’s ATGE Financial Services unit, has announced a scholarship program for Black, Indigenous, and People of Color (BIPOC) professionals to become Certified AML FinTech Compliance Associate (CAFCA).
The CAFCA program is only for 30 applicants to take the FinTech compliance certification course with a full waiver of fees. The applicants will get enhanced compliance skills and knowledge of FinTech personnel working in entry-level financial crime prevention.
New appointment
On June 14, 2021, Adtalem Global Education appointed Douglas G. Beck as Senior Vice President, General Counsel, and Corporate Secretary, effective immediately. Beck is responsible for the legal department’s operations and advice and counsel provided to clients in the areas of commercial, corporate governance, IP, labour and employment, litigation, M&A, real estate, regulatory and compliance, and securities.
Update about its medical student graduation
On June 3, 2021, Adtalem Global Education announced that more than 1,000 students graduated from its two medical schools – American University of the Caribbean School of Medicine (AUC) and Ross University School of Medicine (RUSM) – and its Ross University School of Veterinary Medicine (RUSVM) during recent commencement ceremonies.
Graduates from Adtalem’s two medical schools will fulfil the critical workforce shortages in primary care across the U.S. and contribute to the diversity of the profession.
Adtalem Global Education and LCMC HealthlaunchedTuition-Free Nursing Program
On May 27, 2021, Chamberlain University which is a subsidiary of Adtalem Global Education Incand LCMC Health partnered to address the need for more nurses by expanding access to tuition-free education.
The Called-to-Care Scholars Program will address the critical staffing challenges and decreased patient care readiness. It is estimated that by 2030, the United States is likely to face a shortage of about half a million nurses.
Conclusion
Well, there is no significant development or news which could justify its gains on Thursday. we are not sure how ATGE will perform on the last day of the week.
