Elliott builds stake in Invisalign maker Align Technology, Bloomberg News reports-March 2024-www.financetom.com

Elliott builds stake in Invisalign maker Align Technology, Bloomberg News reports

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Elliott builds stake in Invisalign maker Align Technology, Bloomberg News reports

Mar 18, 2026 7:38 PM

March 18 (Reuters) - Elliott Investment Management has

built a significant stake in Align Technology Inc ( ALGN ), the

maker of Invisalign teeth-straightening products, Bloomberg News

reported on Wednesday, citing people familiar with the matter.

The hedge fund plans to engage with Align to encourage

strategies for boosting its stock price, the report said, adding

that Elliott is now one of Align's largest investors.

Elliott and Align Technology ( ALGN ) did not immediately respond to

Reuters' request for comment.

Align's shares have fallen more than 75% since peaking in

2021 amid sluggish demand for dental products. Analysts expect

sector demand to stabilise in 2026, but remain cautious about a

full recovery in the broader market.

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