Alight is trading 5% down at $13.90 after investors continued reacting to weaker-than-expected third-quarter and full-year revenue guidance and margin concerns.

  • The August 4 earnings update included $511 million in second-quarter revenue.
  • Recurring revenue declined 4.3% year over year.
  • Broader risk-off sentiment, with the Nasdaq Composite down 0.59%, may be adding pressure, though Alight is underperforming the market.