Case Form
Find Out if You Potentially Qualify for a Financial Reward by filling out the form.
Alignment conducted its initial public offering (“IPO”), selling 27.2 million shares of common stock priced at $18.00 per share. Then, on February 27, 2024, Alignment issued a press release reporting its fourth quarter and full-year 2023 financial results. Among other items, Alignment reported earnings per share of -$0.25, missing consensus estimates by $0.03.
Following this news, on February 28, 2024, Alignment’s stock price fell 13%.