"Shares of Align Technology (ALGN) are up 0.30% today, but the real action is happening off the tape. Reddit mentions on r/wallstreetbets surged dramatically over the past 48 hours, with sentiment shifting from neutral to outright bullish as retail investors spot what they see as a buying opportunity. The stock has pulled back 2.2% from its October 21 high of $136.22, and that dip appears to have triggered a wave of retail interest that peaked Monday night."
"Peak activity on r/wallstreetbets occurred October 27 through 28, with engagement rates hitting 848 upvotes per hour at their height. Posts discussing ALGN accumulated over 15,000 upvotes across the 48-hour window, with users framing the pullback as a gift rather than a warning. Sentiment scores improved from neutral territory (41-50 range) to solidly bullish (61) within 24 hours, signaling a coordinated shift in retail positioning around the stock."
Shares of Align Technology (ALGN) rose 0.30% while retail attention surged on r/wallstreetbets over a 48-hour period as investors viewed a 2.2% pullback from the October 21 high as a buying opportunity. Social engagement peaked with nearly 850 upvotes per hour and posts accumulated over 15,000 upvotes. Sentiment scores moved from neutral to bullish (around 61). ALGN trades 31% below Wall Street's $175.07 average target and 46% below its 52-week high despite 34% year‑over‑year earnings growth last quarter. Forward P/E stands at 11.98 versus a trailing P/E of 22.53, suggesting expectations of earnings acceleration. Upvote activity cooled but sentiment remained positive.
Read at 24/7 Wall St.
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