Pearson pounded after COVID hits U.S. community college enrolment


FILE PHOTO: The company logo is displayed outside the Pearson offices in London, Britain August 4, 2017. REUTERS/Neil Hall/File Photo

LONDON (Reuters) -Global education group Pearson said enrolments at community colleges in the United States had been hit by a recent surge in COVID-19 cases and a tight labour market, limiting growth and sending its shares to their lowest level since January.

In a key trading update covering the period when students buy textbooks and materials for the academic year ahead, Pearson said revenue from its U.S. Higher Education Courseware had fallen by 9% in the first nine months.

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