The Houghton Mifflin Harcourt (HMHC) stock has been in market consolidation since February 22. The stock has been oscillating between $20.90 and $21.06.
Prior to the current market consolidation, HMHC’s price had risen considerably from $13.76 at the start of November 2021 to $20.90 on February 22, 2022.
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To help stock investors interested in investing in Houghton Mifflin Harcourt shares, Invezz has created a brief article on the best places where you can buy its stock.
To find out more, please continue reading.
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HMHC stock is the stock of Houghton Mifflin Harcourt Co., and it trades on the Nasdaq using the ticker NASDAQ: HMHC.
In a nutshell, Houghton Mifflin Harcourt is an American publishing company that publishes textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction material for both young readers and adults. It is headquartered in the Boston Financial District.
The company was formerly known as Houghton Mifflin Company, but it changed its name after the 2007 acquisition of Harcourt Publishing.
Also, prior to March 2010, Houghton Mifflin Harcourt was a subsidiary of Education Media and Publishing Group Limited, an Irish-owned holding company registered in the Cayman Islands and formerly known as Riverdeep.
If you want to invest in the stock of a publishing company, then the HMHC stock could be a good choice.
Nevertheless, you should invest wisely since investors are not very certain in which direction the stock’s price shall break out on after the current market consolidation
If the market sentiments remain as they are, analysts expect the HMHC stock price to assume its previous bullish trend after the consolidation.
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