ASGN Shares Climb After Sharp Drop, Upcoming Name Change

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ASGN Inc. (NYSE:ASGN) shares jumped on Friday as traders reassessed the fallout from a recent earnings miss and soft guidance amid improving tech-led risk appetite.

ASGN will change its name to Everforth, Inc. on April 24, 2026, and begin trading under the ticker “EFOR.”

The move reflects its rebranding strategy, with no action required from shareholders and no change to its NYSE listing or CUSIP.

Post-Earnings Selloff And Miss

The stock had previously dropped more than 25% after reporting first-quarter EPS of 69 cents, missing the 98-cent consensus estimate, and revenue of $968.3 million, slightly below expectations.

ASGN expects second-quarter revenue of $970 million to $1 billion, with net income of $8.0 million to $13.7 million and adjusted EBITDA of $85 million to $95 million, assuming stable end markets.

Full story available on Benzinga.com

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