ALGN stock news

Align Technology (ALGN) closed at $173.16 in the latest trading session, marking a -1.09% move from the prior day. Read more
Align Technology (ALGN) closed at $179.95 in the latest trading session, marking a +1.49% move from the prior day. Read more
Align Technology (ALGN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Read more
A medtech platform that was founded on the philosophy that "everyone deserves a smile" is headed for the public markets soon. Will the offering … Read more
SmileDirectClub has filed for an initial public offering of up to $100 million. The stock will list on the Nasdaq exchange under the ticker … Read more

Bear of the Day: Align Technology (ALGN)

02:06pm, Monday, 05'th Aug 2019
Bear of the Day: Align Technology (ALGN) Read more
Shares of Align Technology, Inc. (NASDAQ: ALGN ) — maker of Invisalign — plummeted Thursday in reaction to the company's second-quarter earnings report and guidance but CEO Joe Hogan remains "optimistic about the market." What Happened On top of reporting an earnings miss in the quarter, Align shipped 377,100 of its core Invisalign cases which fell 5,800 units short of expectations. Hogan told CNBC's Jim Cramer Thursday much of the weakness can be attributed to China. China is Invisalign's second largest market and the company hoped to see 70% growth in the second quarter, the CEO told Cramer. But Thursday's report showed just 20%-30% … Full story available on Benzinga.com Read more
Stocks slid on Thursday after second-quarter financial results were weaker than expected, and as investors grew concerned about global monetary stimulus. Facebook's stock dropped by as much as 3% after the company said in its earnings report it was under investigation by the US Federal Trade Commission. European Central Bank President Mario Draghi told reporters that while monetary stimulus was still need to boost the economy, the odds of a recession in the EU are low. Visit the Markets Insider homepage for more stories . Major US stock indexes edged lower on Thursday as corporate earnings disappointed investors, and as skepticism began to rise around global monetary stimulus. Facebook slipped by as much as 3% after revealing in its Q2 earnings report that the company is under investigation by the US Federal Trade Commission over antitrust concerns. The news of the probe overshadowed Facebook's revenue exceeding Wall Street expectations. Earnings-per-share would have beaten forecasts if not for a $5 billion fine Facebook paid the FTC over a different investigation into privacy issues. Read more
The Invisalign maker sinks on downgrades and price target cuts after the company lowered guidance and warned of soft China sales….ALGN Read more
Align Technology shares plummeted roughly 20% in early trading Thursday after the company's Invisalign product didn't sell as well as anticipated in the second quarter. The company attributed the drop to "a more crowded competitive environment" for young adults in North America and slowed growth in China. Align's CEO said North American sales are already recovering in July as doctors return to Invisalign after trying competing products. Watch Align trade live here . Invisalign-maker Align Technology fell more than 20% in early trading Thursday after its second-quarter earnings report showed slowing growth in China and lagging sales for North American teens. The company topped guidance for its second-quarter revenue but dampened forecasts for the next three months. Shipments of Invisalign fell below the company's expectations, with CEO Joe Hogan attributing some of the drop to "a more crowded competitive environment" for young adults in North America. Here are the key numbers: Adjusted earnings per share: $1.83, versus the $1.51 estimate Revenue: $600.7 million, versus the $598.6 million estimate 3Q net revenue guidance: $ 585 million to $600 million, versus the $623.8 million estimate 2Q Invisalign volume: 377,100, versus the 380,000 to 385,000 estimate Sales of its popular tooth-aligning product also missed estimates in China. Read more
Align Technology (ALGN) delivered earnings and revenue surprises of 21.19% and 0.86%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock? Read more
Align Technology Inc. shares plunged more than 20% in late trading Wednesday, after the company said that China sales were hurting and gave a… Read more
Align Technology (ALGN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Read more
Since Align Technology, Inc. (NASDAQ:ALGN) released its earnings in March 2019, the consensus outlook from analysts… Read more
The termination of discussion related to Straumann's iTero distribution is a setback for Align Technologies (ALGN), which is currently focusing on expanding its market base for scanners. Read more

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