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Why Kforce Stock Was Slumping Today

TheMotleyFool

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Why Kforce Stock Was Slumping TodayPhoto, wide shot, wide-angle lens, Janitorial service, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/4d4e885c-79e9-4b8f-bd91-e9721cd7c2e9.png

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