After agreeing to acquire South African Milpark Education for $25.6 million, Phoenix-based Apollo Education Group Inc (NASDAQ:APOL) CEO Greg Cappelli didn’t have much time to relish in the victory as rumors of activist shorts in the stock swirl. Apollo Education’s tock down 7% as revenue just slightly misses while profits surge Stock in Apollo Education Group Inc (NASDAQ:APOL), the parent of the University of Phoenix, was down near 7% mid-morning, trading near $28. The sudden price move in Apollo Education Group Inc (NASDAQ:APOL) comes as revenue expectations slightly missed yet profits where higher. The firm reported adjusted second quarter earnings to…
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