Align Technology Shares Jump Following Report Of Large Elliott Position

The fund is expected to push for strategic measures aimed at boosting shareholder value as the company navigates weaker demand following its pandemic-era peak.Elliott Eyes Strategic Changes For Align TechnologyCiting people familiar with the matter, Bloomberg on Thursday reported that Elliott has accumulated one of the largest stakes in Align, positioning itself to influence the company’s corporate direction.The activist firm plans to engage with management to evaluate options that could help lift the compa ...