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Monster Sees Soft Quarter

Shares plunge 10% on a revenue shortfall.
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Monster Worldwide (MNST) - Get Free Report plunged 10% early Wednesday after the online jobs company warned of soft North American sales growth.

The New York-based company said it expects to post first-quarter revenue of $328 million or $329 million, shy of its previous forecast of $330 million to $338 million.

The company said its full-year earnings view is unchanged.

Shares fell $4.68 to $43.83.