Monster Worldwide Q1 earnings increase; 400 laid off globally, stock drops sharply

26 Jan 2012


          Monster Worldwide stock dropped more than 20 percent Thursday after the company issued guidance about projected Q1 revenue and earnings that were far below analyst estimates. The stock finished the day in NYSE consolidated trading at 7.15, down 1.83 or 20.83 percent. Trading volume was almost four times the average of 3.2 million shares.

          It was

This article is only available to AIM Group clients.

Please subscribe now or to view.

Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.