ManpowerGroup Shares Fall 17% as Restructuring Costs Weigh on Third-Quarter Profit
ManpowerGroup shares fell 17% to $43.31 on Thursday after restructuring costs weighed on third-quarter profit. The company also named a new chief executive.
ManpowerGroup shares fell as restructuring expenses pressured the company’s latest quarterly profit. The company also appointed a new chief executive. The stock dropped 17% to $43.31 on Thursday, though it remains up 46% year to date. ManpowerGroup reported third-quarter profit of $34.1 million.