Why Resources Connection Stock Cratered by Nearly 12% Today

Will the company's recent reorganization juice its results following the unpleasant quarterly figures? Investors seem doubtful. Wednesday wasn't an ideal day to hold shares of business consulting services specialist Resources Connection (RGP -11.83%). After releasing quarterly earnings figures after market close on Tuesday, investors assertively sold out on the news that the company missed on the top and bottom lines. When the smoke cleared, Resource Connection's share price had fallen by almost 12%, compar ...