Patent Dispute Affects Align Technology Inc.
Align Technology Inc. has been served with a patent infringement claim by Angelalign Technology Inc. The claim alleges that Align Technology has infringed on one or more of Angelalign’s patents.
Response from Angelalign Technology Inc.
Angelalign Technology Inc. has denied the allegations and stated its intention to vigorously defend itself against the claim.
Impact on Align Technology’s Stock Performance
Align Technology’s stock performance may be impacted by the patent dispute. The company’s stock price has declined over the past year, with a significant decrease from its 52-week high. Investors who purchased shares a year ago would have experienced a substantial loss of investment.
Historical Stock Performance
- 52-week high: [insert value]
- Current stock price: [insert value]
- Percentage decrease from 52-week high: [insert percentage]
Potential Impact on Market Value and Performance
The patent dispute may continue to affect Align Technology’s market value and overall performance. The company’s response to the claim and the outcome of the dispute will be closely watched by investors and analysts.