Spherion Corp shares soar after upgrade to 'strong buy'

Spherion Corporation (NYSE:SFN) shares jumped 26.5% after securities firm C.L. King upgraded the Fort Lauderdale, Fla.-based staffing company from “neutral” to “strong buy.” Spherion’s shares are currently at $5.78 up about $1.21 from Tuesday’s close. The stock reached its highest point in the past month.

The company’s shares have been between $4.48 and $9.77 during the past year.

For detailed price information and recent news stories about Spherion Corporation, click SFN.

---