Why Align Technology Stock Is Jumping Today
Shares of Align Technology (NASDAQ: ALGN) were 12.1% higher as of 11:16 a.m. EDT on Thursday. The nice gain came after the orthodontic device maker announced better-than-expected third-quarter results on Wednesday evening.
Align reported Q3 revenue of $607.3 million, a record for the company and well above the consensus Wall Street estimate of $594 million. It also announced earnings per share of $1.28, handily beating the average analysts' estimate of $1.14.
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Source Fool.com
