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Stocks A / Align Technology, Inc.

URL:  https://boards.fool.com/captainccs-did-the-price-drop-by-9-since-33081583.aspx

Subject:  Re: Back on April 25th, ALGN Reported Earnings B Date:  5/29/2018  3:30 PM
Author:  BrerBear Number:  63 of 66

captainccs: did the price drop by 9% since December 4th last year

No, no, no... the percentage drop only pertains to THAT DAY'S INTRADAY LOW, compared to the closing price the previous trading day, 12/1. Not a longer time frame.

On December 4th, intraday, ALGN experienced a low of $222.74. Previous trading day's close (Dec 1) was $254.07. Intraday drop = -12.3%. A contingent order programmed to trigger at -9% would have fired. (At -9%; wouldn't get the full -12.3%, but I'm not greedy. HA.)

FWIW, ALGN finished closing on 12/4 at $225.80, so already would have seen a few bucks gain. And of course now it sits ~~$323 and change.
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