Why Alight (ALIT) Shares Are Trading Lower Today
Alight (NYSE: ALIT) shares fell about 17% after the company issued weak forward guidance. Although its second-quarter revenue and adjusted profitability beat expectations, investors focused on a 3.2% year-over-year sales decline and a third-quarter revenue outlook about 5.5% below analyst estimates, with a midpoint of $2.09 billion. Full-year revenue and adjusted EBITDA forecasts also missed consensus.


