[UPDATE] Contact-center incumbents slide as AI agents pressure seat-based revenue; Conduent near 52-week low
Conduent traded near a 52-week low around $1.61 in mid-September after Q2 revenue fell ~30% YoY and management guided to further declines, a distressed read for legacy BPO. The desk's momentum surfaces also flag NICE lower on the same agent-substitution theme pressuring conversational-AI and contact-center software. The next hard catalyst for CNDT is Nov 6 earnings.