Over the recent period, there has been significant movement in Align Technology Inc. (ALGN) stock. Various institutional investors and entities made decisions influencing the overall action in the company's shares. Notably, stocks were purchased by Banque Cantonale Vaudoise, Los Angeles Capital Management LLC, and several others, suggesting a positive inclination. New holdings were also initiated by Nomura Holdings Inc. Other entities such as American International Group Inc sold off their shares. Regarding stock performance, Align Technology experienced several episodes of underperformance, although it managed to outperform the market on certain days.
Align Technology benefited from new alliances and global growth. It continued to rise through Invisalign and SmartTrack patents. The company's first-quarter 2024 financial results were published, however, the results had mixed ratings against analyst expectations. Sharing a future-forward viewpoint, Align Technology recently announced a $150 million open market repurchase. The company also discontinued acceptance of digital scan submissions from 3Shape TRIOS Scanners in the United States.
Align Technology ALGN News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 13:14:07 GMT -
