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ASGN Shares Dip Amid Revised Revenue Forecasts

ASGN Shares Dip Amid Revised Revenue Forecasts

ASGN ( (ASGN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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ASGN Incorporated’s stock movement is primarily influenced by the company’s lowered Q4 revenue expectations, which range between $960 million and $980 million, falling short of the consensus of $975.34 million. Despite strong Q3 earnings with revenue surpassing $1.01 billion, these revised projections have led to adjustments in price targets. Additionally, ASGN’s updated bylaws aimed at enhancing governance could impact its strategic growth.

More about ASGN

YTD Price Performance: -42.05%

Average Trading Volume: 600,340

Technical Sentiment Signal: Sell

Current Market Cap: $2.04B

For further insights into ASGN stock on TipRanks’ Stock Analysis page.

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