The sale of two units could lead to a 300 basis point EBITDA...
The sale of two units could lead to a 300 basis point EBITDA margin expansion. Alight's mid-term EBITDA margin target increase to 28% suggests significant potential for margin growth. The stock repurchase and Starboard Value's stake acquisition indicate a bullish outlook for Alight's stock.
Alight Stock Jumps. It's Selling a Business Unit for $1.2 Billion and Buying Back Shares. -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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