Why Robert Half International Stock Soared Today
Some investors may think Robert Half International (NYSE: RHI) is in a boring business. But the stock of the staff consulting firm has been far from boring today, jumping more than 13% Friday morning. Shares pared some of those gains but remained higher by about 8% as of 1:50 p.m. EDT.
Robert Half reported record quarterly sales and earnings yesterday, which president and CEO M. Keith Waddell attributed to "a broad-based, global acceleration in demand for our staffing and business consulting services." The company's Protiviti subsidiary marked its 15th consecutive quarter of increasing revenue with what the company called "very strong growth" in all of its focus areas.
Source Fool.com
