Aligns 35% Plunge Drives 230M in Trading Volume Ranking 432 as Legal Battles and 200M Buyback Fuel Uncertainty

Align Technology (ALGN) fell 3.50% on Sept. 3, 2025, with a trading volume of $230 million, up 45.78% from the previous day, ranking 432 in market activity. The stock’s decline followed intensified legal and regulatory scrutiny.

The company filed patent infringement lawsuits against Shanghai-based Angelalign Technology, alleging intellectual property violations. Angelalign has denied the claims and vowed to defend itself vigorously. Legal battles could disrupt market confidence and divert resources from core operations.

Align announced a $200 million open-market stock repurchase program, signaling management’s belief in undervaluation. The move aims to offset recent volatility and reassure investors amid a 36.52% year-to-date decline compared to the S&P 500’s 9.63% rise.

Separately, Align faces a securities probe and investor lawsuits over alleged guidance missteps. These risks, combined with mixed institutional trading—ranging from T. Rowe Price selling shares to Citigroup buying stakes—highlight fragmented sentiment among large investors.

Backtesting results confirm a 3.50% drop in ALGN on Sept. 3, 2025, with a trading volume surge to $230 million, reflecting heightened short-term market pressure.