Glenview Capital Management Sells $71 Million of Alight Stake After Stock's 71% Drop
Alight(US:ALIT) The Motley Fool·2025-12-09 16:47Glenview Capital Management reduced its stake in Alight by roughly 16% during the third quarter.Glenview Capital Management, LLC cut its stake in Alight, Inc. (ALIT +1.67%) by 4,004,556 shares in the third quarter, reducing exposure by an estimated $71.57 million, according to a November 14, 2025, SEC filing.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, 2025, Glenview Capital Management, LLC sold 4,004,556 shares of Alight during the third quarter. Following ...