Scholastic, $SCHL, Pops 13% on Hunger Games

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NEW YORK (CNNMoney) — Shares of publisher Scholastic Corp. spiked on Thursday, fueled by strong sales of its Hunger Games series ahead of the film version’s release next week.

Scholastic (SCHL) released its quarterly results on Thursday morning, its $467 million in revenue marking a 22% increase from the same period a year prior. Excluding one-time charges, the company posted a loss of four cents a share, an improvement on its 64-cent-per-share loss a year ago.