BGSF shares rise 12.11% intraday as post-divestiture growth expectations offset 9.9% revenue decline.

BGSF surged 12.11% intraday after reporting a 9.9% year-over-year revenue decline in continuing operations but signaling post-divestiture growth expectations. The company, which sold a business segment in September, highlighted optimism about its strategic focus post-transaction, potentially offsetting near-term revenue challenges. While the earnings report was bearish, the emphasis on future growth following the divestiture likely drove investor confidence, aligning with the intraday price rebound.