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Why Align Technology Stock Is Skyrocketing Today – Motley Fool

The orthodontic-device maker delivered Q3 results that crushed expectations.



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What happened
Shares of Align Technology(NASDAQ:ALGN) were skyrocketing 32.9% higher as of 10:09 a.m. EDT on Thursday. The huge jump came after the orthodontic-device maker announced stellar third-quarter results after the market closed on Wednesday.
So what
Align didn’t merely beat analysts’ estimates in Q3; it absolutely crushed them. Wall Street expected the company to post revenue of around $514 million. Align generated revenue of $734.1 million in Q3. Analysts looked for adjusted earnings…

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