ArrowMark’s Quixotic Foray into the Digital Wilderness

According to the ever-reliable chronicles of the SEC, ArrowMark’s digital samurai sliced through their Alight holdings in the third quarter, leaving a trail of digital breadcrumbs only slightly thicker than the breadcrumbs you’d find in a government-issued diet cookie. Now, with 7,927,836 shares valued at approximately $25.84 million-an amount that might buy you a decent used car or a very expensive sandwich-their interest in Alight seems to have evaporated faster than the company’s ability to generate profits (which, admittedly, isn’t saying much).






