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Stock of Invisalign parent Align down 22% after Q1 earnings

Align Technology Inc. stock fell more than 22% in the extended session Wednesday after the maker of Invisalign aligners and other orthodontic products missed first-quarter expectations, saying that the quarter was “tougher than expected” as “COVID lockdowns, weaker consumer confidence, inflationary pressures, and the Russia/Ukraine conflict have created headwinds.” Align said it earned $134.3 million, or $1.70 a share, in the quarter, compared with $200.4 million, or $2.51 a share, in the year-a

Qualcomm stock rises as record results, outlook blow past Street estimates

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