Why Barrett Business Services (BBSI) stock is sliding today as HR outsourcing names sink
Barrett Business Services shares fell 7.6% to $32.77 Wednesday afternoon, hitting a session low amid a sector-wide selloff in HR outsourcing stocks. Insperity dropped 12.1% after posting a quarterly net loss and higher benefits costs. No company-specific news drove BBSI’s decline. Investors cited mixed U.S. jobs data and concerns over benefit expenses ahead of Friday’s inflation report.
