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

ReutersMar 19, 2026 2:19 AM

March 18 (Reuters) - Elliott Investment Management has built a significant stake in Align Technology Inc ALGN.O, the maker of Invisalign teeth-straightening products, Bloomberg News reported on Wednesday, citing people familiar with the matter.

The hedge fund plans to engage with Align to encourage strategies for boosting its stock price, the report said, adding that Elliott is now one of Align's largest investors.

Elliott and Align Technology did not immediately respond to Reuters' request for comment.

Align's shares have fallen more than 75% since peaking in 2021 amid sluggish demand for dental products. Analysts expect sector demand to stabilise in 2026, but remain cautious about a full recovery in the broader market.

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