U.S. Stock Market Unusual Movement | Q2 Performance Below Expectations, Align Technology (ALGN.US) Plummets Over 33%

According to the Wisdom Financial APP, on Thursday, Align Technology (ALGN.US) plummeted over 33%, hitting a 5-year low at $134.83. On the news front, the company reported adjusted diluted earnings per share of $2.49 for the second quarter, higher than the $2.41 in the same period last year. Analysts surveyed by FactSet had forecasted $2.57. Quarterly revenue was $1.01 billion, lower than the $1.03 billion in the same period last year, with analysts surveyed by FactSet expecting $1.06 billion. The company stated that it expects third quarter sales to be between $965 million and $985 million, while analysts surveyed by FactSet had forecasted $1.04 billion.