ALIT Aug 2024 7.500 put
| Previous Close | 0.5900 |
| Open | 0.5900 |
| Bid | 0.2000 |
| Ask | 0.6500 |
| Strike | 7.50 |
| Expire Date | 2024-08-16 |
| Day's Range | 0.5900 - 0.5900 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 5.05k |
Business WireAlight Announces $75 Million Accelerated Share Repurchase Agreement
LINCOLNSHIRE, Ill., June 18, 2024--Alight (NYSE: ALIT or the "Company"), a leading cloud-based human capital technology and services provider, today announced that it has entered into an accelerated share repurchase agreement ("ASR") with Barclays Bank PLC to repurchase $75 million of Alight's common stock, as part of the Company's existing share repurchase program which had remaining authority of $168 million as of June 14, 2024.
ZacksAll You Need to Know About Alight (ALIT) Rating Upgrade to Buy
Alight (ALIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
ZacksAfter Plunging -10.68% in 4 Weeks, Here's Why the Trend Might Reverse for Alight (ALIT)
Alight (ALIT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
