I think I just found the answer to my question. Maybe this will help someone else. Chime in if you have other opinions or disagree!
Quote:
"Corals want to grow and so do their captive algae. They hang out because they help each other and are more likely to survive in each other's company, but given the chance, most corals would sooner be without these symbionts, and the algae would definitely rather be alone if conditions were optimal. Nonetheless, they both try to keep a short leash on each other, and keep the other working hard. So, if a coral finds itself in a less than optimal light regime, it wants more energy for growth, so it releases some more of its waste to the algae to get them to grow - either in number or size or pigment content. As mentioned, zooxanthellae are brownish to golden brownish, not pretty colors. If they get to grow in one of these parameters, they get browner. If the coral is getting boatloads of light, so much that the algae are producing too much oxygen, the coral ditches some of them. Low level bleaching is not visually evident as a bleached coral, but some of the brown tinted algae stop masking other coral pigments - like fluorescing proteins, pocilloporin, and intracellular animal biochromes. The coral, with reduced zooxanthellae, looks "prettier"."