US Court Confirms $63M Arbitration Award Favoring Align Tech And Rejects SmileDirectClub's Request
Portfolio Pulse from Benzinga Newsdesk
The US Court has confirmed a $63 million arbitration award in favor of Align Technology (ALGN) and rejected SmileDirectClub's request. This legal victory could potentially strengthen Align's market position.
August 24, 2023 | 5:47 am
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Align Technology's legal victory could potentially strengthen its market position and positively impact its stock price in the short term.
The confirmation of the $63 million arbitration award in favor of Align Technology by the US Court is a significant legal victory for the company. This could potentially strengthen its market position and lead to a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100