What Caused The Opening Gap In Align?

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Align Technology ALGN today had a large opening gap of -25.48%.

Photo taken from the Opening Gap Signals tool inside Benzinga Pro.

Why Is ALGN Moving?

Align Technology shares are trading lower after the company issued Q3 EPS and sales guidance below analyst estimates. Also, Evercore ISI Group downgraded the company’s stock from Outperform to In-Line and lowered the price target from $340 to $220.

Photo taken from the ‘Why Is It Moving?’ Details tool inside Benzinga Pro.

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