RTTNews | Nov 23, 2021 10:44AM EST

10:44 Tuesday, November 23, 2021 (RTTNews.com) - Chinese education corporation, TAL Education Group (TAL), saw its stock gain 5% on the market despite no corporate-related news reported by the company to boost the shares.

The company has been recovering since its sudden nose-dive in September after the Chinese regulatory bodies started to crackdown against K-12 companies which were listed outside of the mainland. Since September, the stock has recovered almost 40%.

The stock is currently trading at $5.30, up $0.23 or 4.54% since the previous close at $5.07. The stock opened at $5.15 in the morning. In the 52-week period, the shares have ranged between $3.76 and $90.96 per share.

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