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Healthcare | Medical Appliances & Equipment | USA
Align Technology to close all 12 Invisalign stores in arbitration ruling, book first-quarter charge
Align Technology Inc. shares ALGN, slid 6.5% Tuesday, after the company said it expects to book a charge in the first quarter for the closure of all of its Invisalign stores, following an arbitration decision of claims made by SDC Financial LLC, SmileDirectClub LLC and related parties. By April 3, the company will close all 12 stores, which were first piloted in 2017 as a way to match consumers with Invisalign doctors, or those that are trained in using the teeth-straightening system.
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https://www.marketwatch.com/story/align-...yptr=yahoo
![[Bild: ALGNc1dl1516.png]](https://finviz.com/publish/030519/ALGNc1dl1516.png)
Align Technology to close all 12 Invisalign stores in arbitration ruling, book first-quarter charge
Align Technology Inc. shares ALGN, slid 6.5% Tuesday, after the company said it expects to book a charge in the first quarter for the closure of all of its Invisalign stores, following an arbitration decision of claims made by SDC Financial LLC, SmileDirectClub LLC and related parties. By April 3, the company will close all 12 stores, which were first piloted in 2017 as a way to match consumers with Invisalign doctors, or those that are trained in using the teeth-straightening system.
...
https://www.marketwatch.com/story/align-...yptr=yahoo
