Why Align Technology Stock Just Popped

·2-min read
Why Align Technology Stock Just Popped

Shares of clear braces maker Align Technology (NASDAQ: ALGN) jumped 4.1% in 2 p.m. EDT trading Thursday after the company behind the popular Invisalign product reported better-than-expected sales and earnings for its fiscal third quarter last night. Looking ahead to Q3, analysts had forecast Align would earn $2.60 per share on sales of $977.8 million. Instead, Align said it earned $2.87 per share on sales of more than $1 billion.

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