Monster Falls as Sale Process Continues Without Buyer
This article is for subscribers only.
Monster Worldwide Inc., the Internet-recruiting service exploring a sale, fell the most in almost three months after saying that it wasn’t certain when -- or if -- it would find a buyer.
The shares dropped 7 percent to $5.44 at the in New York, for the biggest decline since Nov. 15. The stock had lost 22 percent since March 5, when the company said it was exploring a sale.