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

Company Overview - Elliott Investment Management has acquired a significant stake in Align Technology Inc, the maker of Invisalign products, becoming one of its largest investors [1][2] - Align Technology's shares have decreased by over 75% since their peak in 2021 due to sluggish demand for dental products [2] Strategic Engagement - Elliott plans to engage with Align Technology to promote strategies aimed at boosting its stock price [2] - Analysts predict that demand in the dental sector may stabilize by 2026, but there are concerns regarding a full recovery in the broader market [2]