Job Search Firms, Networkers Higher as Nonfarm Numbers Top Views (MAN) (MWW) (KELYA)
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Manpowergroup (NYSE: MAN), Kelly Services (Nasdaq: KELYA), Monster Worldwide (NYSE: MWW), Dice Holdings (NYSE: DHX), and Professional Diversity Network (Nasdaq: IPDN), among others, are higher following better-than-expected nonfarm payroll numbers reported for the month of April.
The U.S. Labor Department said that payrolls expanded by 165,000 last month, better than the consensus estimate calling for 140,000 additions. Numbers for February and March were also revised higher.
However, the news is a little bittersweet for one stock. LinkedIn (NYSE: LNKD) is getting hit today following Q1 results reported after markets closed Thursday. Though the company topped estimates, its outlook gave little confidence to investors.
The U.S. Labor Department said that payrolls expanded by 165,000 last month, better than the consensus estimate calling for 140,000 additions. Numbers for February and March were also revised higher.
However, the news is a little bittersweet for one stock. LinkedIn (NYSE: LNKD) is getting hit today following Q1 results reported after markets closed Thursday. Though the company topped estimates, its outlook gave little confidence to investors.
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