Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of executive headhunter Korn/Ferry International
So what: On the eve of a presidential job-creation speech that left the markets cold, Korn/Ferry also reported a set of analyst-pleasing first-quarter results. Share prices hardly budged on the earnings report but plunged after Obama's speech.
Now what: The Dow Jones Industrial Average (INDEX: ^DJI) took a 2.8% plunge today in reaction to disappointing showings by Obama and Bernanke, but the human resources industry fared much worse. Korn/Ferry was the steepest dropper, followed by a 6.4% plunge for Kelly Services
Add Korn/Ferry to My Watchlist.