— Shares dropped 12.7% after the employment agency missed expectations for earnings. Management said the company was affected by clients' elongated hiring cycles. The company posted $1 in earnings per share on $1.64 billion in revenue, while analysts polled by Refinitiv expected $1.14 per share in earnings and revenue of $1.69 billion.
— The virtual health care stock rallied 6% following a better-than-expected earnings report. Teladoc said it lost 40 cents per share in its second quarter, beating analysts' estimates for a 41 cent loss per share, per Refinitiv. The company also beat expectations for revenue, posting $652 million against a consensus estimate of $649 million.
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