#retail-sentiment

#retail-sentiment

The turnaround coincides with a noticeable shift in retail investor sentiment on platforms like Reddit and X. The stock has now gained 413.84% year-to-date, transforming from a cautionary tale into what traders are openly calling a meme stock with legitimate turnaround potential. What started as skepticism in early October has evolved into cautious optimism, with sentiment scores climbing from neutral territory into somewhat-bullish range by late October.

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.