🟢 ALIT surges 5.4% today following partnership announcement with BNY
Alight Inc
ALIT is trading 5.4% up today at $20.07, extending a dramatic multi-session rally that has seen the stock surge from sub-$1 levels to the high teens.
The move follows Alight's announcement today of a collaboration with BNY to launch an integrated retirement plan solution.
This partnership aims to offer defined contribution and defined benefit plan sponsors and participants deeper support for plan administration and investing.
Market observers also noted a 5-day winning streak for the stock, with cumulative gains of 73% over this period, driven by strong short-term momentum.