Stock prices change erratically, and we want to keep you up to date with what’s happening in the staffing firm trading world. At the beginning of every week, we’ll be providing readers with the top three firms that have gained in price within the course of seven days. We’ll also show the three that dipped the most.
To get the net gain or loss, we simply add or subtract the price on the day the screen shot was taken (which can be found on our homepage), from the same day the following week.
Last week, staffing stock prices plunged, with the larger job board shares going down as much as nearly $70 between Aug. 2 and 9.
Though the percentages were going up as of 9 a.m. EST Tuesday, Aug. 9, the prices overall were lower than they were a week ago.
Unfortunately, this week we don’t have any rises to report, so as a substitute we’re naming the top three that dropped the least.
Biggest Drops – Aug. 2 to Aug. 9
- Michael Page International, $69.20
- LinkedIn Corp., $22.55
- Manpowergroup, $8.82
Smallest Drops – Aug. 2 to Aug. 9
- Command Center, 7 cents
- SFN Group, 10 cents
- Analysts International, 12 cents
John Zappe of ERE.net attributed the drops to lack of investor confidence in U.S. job growth.
Monday, he said, “HR stocks are bleeding more than the market as a whole, as investors worldwide continued their rush to sell. The publicly traded job boards were all off by double digits, with LinkedIn down more than four times the Dow as a whole.”
This is going to be a weekly column, so check back next Monday for next week’s results!