Alight is trading 5.53% up at $15.23 after a sharp two-session selloff following its August 4 earnings release.
- Second-quarter revenue exceeded expectations, but investors focused on weaker recurring revenue and margin pressure.
- Third-quarter guidance was below consensus at $469 millionβ$479 million.
- No new company-specific announcement clearly explains the August 6 rebound as broader markets remain mixed.