Elliott builds stake in Invisalign maker Align- Bloomberg
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices jump over 3%, WTI touches $100/barrel on Iran escalation Brent tops $110 after hit on world’s largest natural gas field, Fed uncertainty Gold prices hit over a one-month low after Fed holds rates steady as expected Stocks end in the red after Fed expresses uncertainty over impact of oil shock 55% Off - FLASH SALE (South Africa Philippines Nigeria) 55% Off - FLASH SALE Elliott builds stake in Invisalign maker Align- Bloomberg By Author Ambar Warrick Stock Markets Published 03/18/2026, 10:01 PM Elliott builds stake in Invisalign maker Align- Bloomberg 0 ALGN -2.11% Investing.com-- Elliott Investment Management has built a major stake in Align Technology Inc (NASDAQ: ALGN ), the maker of dental straightening products, Bloomberg reported on Wednesday evening. The activist fund plans to encourage Align to lift the company’s stock price, Bloomberg reported, citing people familiar with the matter. The size of the stake was not immediately clear. Get more breaking news on top Wall Street stocks by subscribing to InvestingPro Align clocked record revenue in 2025 on outsized demand for its flagship Invisalign teeth-straightening product. The company expects 2026 revenue growth of 3% to 4%, while operating margins are expected between 18% and 23.7%. Shares of the orthodontics firm are trading up about 4.8% in the past 12 months, lagging a near 18% gain in the S&P 500. Elliott’s Align stake comes as the hedge fund ramps up its activist activities. The company had on Wednesday disclosed a major investment in Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (TYO: 9104 ).
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