An artificial intelligence announcement sends an obscure staff-recruitment stock on a wild ride

• Staffing 360 Solutions announced a deal with ActivateStaff to expand its artificial intelligence capabilities Tuesday. 
• Shares of Staffing 360 surged nearly 25% on the news but then tumbled roughly 9% later in the day.
• A number of obscure companies have seen wild stock swings in recent weeks since the rise of ChatGPT.

Shares of employee-recruitment firm Staffing 360 traded 9% lower Tuesday after seeing a roughly 25% surge following an announcement involving artificial intelligence.