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Why Robert Half International Stock Soared Today

Why Robert Half International Stock Soared Today

Robert Half reported record quarterly sales and earnings yesterday, which president and CEO M. Keith Waddell attributed to "a broad-based, global acceleration in demand for our staffing and business consulting services." The company's Protiviti subsidiary marked its 15th consecutive quarter of increasing revenue with what the company called "very strong growth" in all of its focus areas. With today's move, Robert Half stock is up about 50% year to date and almost 75% over the last 12 months.