🟢 IT is trading 4.1% up today as it rebounds from a sharp selloff over guidance cuts and a fraud lawsuit

IT is trading 4.1% up today at $140.63 as shares stage a recovery following a steep decline driven by lowered guidance and a fraud lawsuit.

• The move appears to be a partial recovery as investors digest previous negative news and reposition following a sharp valuation reset.
• The stock's gains come despite broader market indices trading lower today, indicating specific buying interest after the recent selloff.