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Updated · MarketWatch · May 6Align Technology stock rises 3.10% and outperforms competitors
7 articles · Updated · MarketWatch · May 6
- Shares closed at $173.94 on Wednesday, snapping a two-day losing streak as the S&P 500 gained 1.46% and the Dow rose 1.24%.
- Align beat peers Zimmer Biomet, down 0.22% to $82.83, and Dentsply Sirona, down 2.02% to $11.14, during a broadly strong market session.
- The stock remains 16.50% below its 52-week high of $208.31 reached on 29 July, while trading volume of 768,388 stayed well under its 50-day average.
With an activist investor now involved, can Align fend off low-cost rivals and justify its premium valuation? Will Align's new same-day 3D printing technology disrupt orthodontics before competitors can catch up?