Alight (ALIT) Drops 8.5% on Citi Downgrade, Missed Earnings
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Alight Inc. (NYSE: ALIT) shares fell 8.5% on February 20, 2026, after Citi downgraded the stock to Neutral from Buy. The rating cut followed the company's weak fourth-quarter 2025 financial report. Citi reduced its price target to $1.00 from $6.50. Alight reported earnings per share of $0.18, missing the $0.24 consensus estimate. The stock is trading at $0.74, down 60.5% year-to-date and 89.3% below its 52-week high of $6.97 from February 2025.
EditorThomas Ho