Align Technology Inc. (ALGN) announced Monday morning that it reached a settlement with Ormco Corp., a subsidiary of Danaher Corporation (DHR), to end all pending litigation between the parties and to begin a new strategic collaboration.
Align Technology gapped up at the open Monday and climbed for the bulk of the session. Shares finished higher by $2.87 at $13.00 on strong volume. The stock closed challenging resistance, trading at an 11-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.