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0.000182634105614676 0.00333959507409719 0.00787935712794819 0.00448758088081812 0.0103840534335211 0.0173241494468795 0.026038405343352 0.0207681068670423
Stock impact report

Spruce Point bearish on Align Tech as competition intensifies [Seeking Alpha]

Align Technology, Inc. (ALGN) 
Last align technology, inc. earnings: 4/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.aligntech.com/investor-relations
Company Research Source: Seeking Alpha
Healthcare|On the MoveSpruce Point bearish on Align Tech as competition intensifiesApr. 9, 2020 10:19 AM ETAlign Technology, Inc. (ALGN)Douglas W. HouseShort seller Spruce Point Management is+1.3%Stoked by patent expirations, third-party 3D printing labs are moving into the space which could transform clear aligners from "high tech" dental products to commodity status. Large dental practices are supposedly already evaluating alternative sources. 3M, for example, is offering lab fees as low as $500 - 600 per case to orthodontists, about 1/3 the price of ALGN.Many orthodontists will set up 3D printers in their offices now that high-quality CAD/CAM software is available after key ALGN patents expired. The income potential is compelling, especially since many customers are dissatisfied with company over its aggressive pricing.COVID-19 disruptions have created headwinds that will persist.See all stocks on the move »Now read:Monday Stocks Acted Like We Found A Cure, Yesterday Reversed Shar Show less Read more
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