Recruitment not immune to crash_2
10 September 2012
A majority of recruitment businesses have seen their share prices fall along with the rest of the market.
A majority of recruitment businesses have seen their share prices fall along with the rest of the market. Worst hit were Robert Walters (-51.25p), Michael Page (-44.25p), Imprint (-23.5p) and SThree (-24.75p). Imprint's share price had risen from 163.25p to 185.74p in the days prior to the crash on the news of the new takeover approach, but fell with the rest of the market. Elsewhere, OPD's shares rose from 378p to 382.25p, as it reported continued strong trading in the past three months, but again fell back during the crash. Hexagon Human Capital's shares remained static at 187.5p despite the acquisition of interim management and executive recruiter Archer Mathieson for £17.5m, but was later hit by market conditions.
