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Align Technology Inc. stock falls Thursday, underperforms market

Written by corres2

Shares of Align Technology Inc.
ALGN,
-0.63%

sank 0.63% to $274.83 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.99%

rising 1.99% to 4,057.84 and the Dow Jones Industrial Average
DJIA,
+1.61%

rising 1.61% to 32,637.19. Align Technology Inc. closed $462.62 below its 52-week high ($737.45), which the company reached on September 23rd.

The stock underperformed when compared to some of its competitors Thursday, as Danaher Corp.
DHR,
+0.56%

rose 0.56% to $251.71, 3M Co.
MMM,
+0.86%

rose 0.86% to $147.04, and Dentsply Sirona Inc.
XRAY,
+0.96%

rose 0.96% to $38.95. Trading volume (983,458) remained 20,636 below its 50-day average volume of 1.0 M.


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