Why Align Technology stock jumped higher

 course, past performance doesn't guarantee future results. Let's look at why this stock is soaring to see whether it can keep climbing for investors who buy in at recent prices.

Why Align Technology stock jumped higher

The average Wall Street analyst who follows Align Technology was expecting the company to earn $1.56 per share during the fourth quarter of 2022. Instead, the company earned $1.73 per share and exceeded revenue expectations.

Align generally can't record sales of its Invisalign clear aligners until a potential customer gets their teeth scanned at a dentist's office. Pandemic-related lockdowns that kept patients from reaching dental practices made the past few years more than a little challenging.

Perhaps the biggest factor pushing the stock higher was Align's ability to report quarterly revenue that exceeded the previous quarter for the first time in over a year.

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