Scholastic Corp. shares are currently trading up about 2.7% on the day.

FORBES: Bullish Two Hundred Day Moving Average Cross - SCHL

Less excited may be the Potter publishers, Scholastic Corp.

WSJ: 'Harry Potter' Author J.K. Rowling to Write Novel for Adults

Instead, the petition was filed by Scholastic Corp.

FORBES: 'Clifford' Publisher Scholastic Sees Red Over State Sales Tax Grab