Why Kforce Stock Was Slumping Today
Shares of Kforce (NASDAQ: KFRC) were falling today after the staffing agency posted disappointing top-line results in its second-quarter earnings report, and offered weak guidance.
As of 1:28 p.m. ET, the stock was down 7.9%.
Kforce, which specializes in recruiting temporary workers in the tech industry, said revenue fell 10.8% from the quarter a year ago to $389.2 million, which missed estimates at $395.9 million.
Source Fool.com