Monster Worldwide (MWW) Shares are Up 7.69%

Monster Worldwide (MWW) : Traders are bullish on Monster Worldwide (MWW) as it has outperformed the S&P 500 by a wide margin of 35.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.73%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.69% in the last 1 week, and is up 35.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Monster Worldwide, Inc. is up 44.83% in the last 3-month period. Year-to-Date the stock performance stands at -34.03%. The stock has recorded a 20-day Moving Average of 27.7% and the 50-Day Moving Average is 38.24%.


Monster Worldwide (NYSE:MWW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.60 and $3.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.78, notching a gain of 9.88% for the day. The total traded volume was 5,405,380 . The stock had closed at $3.44 on the previous day.

Also, Equity analysts at the Brokerage firm B. Riley downgrades its rating on Monster Worldwide (NYSE:MWW). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on August 10, 2016.

Monster Worldwide, Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company operates in three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Companys Careers North America and International segments, works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America, Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation, and other career-related content.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.