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  "documentTitle": "Align Technology, Inc. (ALGN)",
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  "authorName": "Ben Axler",
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      "text": "We believe that Align shares many features and themes of other successful Spruce Point shorts. In particular, we believe that Align, much like iRobot, is an industry incumbent whose investors mistakenly believe can continue its pace of growth with little threat of serious competition. Spruce Point, however, finds evidence of new competitors which are poised to upend industry economics – NOT just SmileDirectClub and other direct-to-consumer players, but other players which, to our knowledge, have never before been taken into consideration by investors.",
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