Investors Take a Bite Out of Monster

Shares of the job listings provider slumped after it trimmed its revenue forecast for the March quarter

Monster Worldwide (MNST) warned investors on Apr. 4 that it won't generate quite as much revenue during the March quarter as initially promised. The New York company, whose job search business is exposed to economic volatility, cited reduced growth rates in its North America careers and Internet advertising and fees businesses.

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