Why Shares of Align Technology Rose 18.7% in July

·3 min read

Shares of Align Technology (NASDAQ: ALGN), the maker of Invisalign clear aligners, climbed 18.7% in July, according to data from S&P Global Intelligence. Align's shares closed at $236.67 on June 29, the last trading day of that month. Another factor is that Align stock has been beaten up this year, but the company is still profitable and some may feel it is undersold.