Core Viewpoint - New Oriental Education & Technology Group (EDU.US) experienced a decline of over 2%, closing at $47.21 amid rumors regarding the CEO's alleged misconduct [1] Group 1: Company Response - CEO Zhou Chenggang addressed the rumors in a video, stating that the company has already refuted these claims and labeled them as unfounded [1] - The company emphasized that the allegations of Zhou Chenggang being investigated for misappropriating company interests through related-party transactions are purely rumors [1] Group 2: Market Reaction - Following the rumors, New Oriental's stock price fell, indicating a negative market reaction to the news [1]