Monster Worldwide up 8.8% After Retaining Strategic Advisers

Monster Worldwide

is trading higher on the session following its announcement yesterday to retain financial advisers in connection with strategic alternative process. The company's advisers are Stone Key Partners LLC and BofA Merrill Lynch. Monster Worldwide provides global online employment solutions. The stock broke above its 50-day moving average of $7.70 today. The shares of Monster Worldwide are currently trading at $8.18, a gain of $0.66 or 8.78%.