{
  "docId": "019dd923-622c-750b-8b98-e0497bacd3c2",
  "docSlug": "44aa04154472",
  "documentTitle": "Align Technology, Inc. (ALGN)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 69,
  "pageCount": 84,
  "prevPage": 68,
  "nextPage": 70,
  "slideType": "section_divider",
  "function": "transition",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-e0497bacd3c2/69",
  "deckHref": "/decks/019dd923-622c-750b-8b98-e0497bacd3c2",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-e0497bacd3c2.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-e0497bacd3c2#slide-69",
  "components": [
    {
      "bbox": {
        "h": 0.012,
        "w": 0.547,
        "x": 0.453,
        "y": 0.962
      },
      "kind": "disclaimer",
      "text": "Proprietary and Confidential -May Not Be Distributed or Copied Without Spruce Point Capital Management, LLC Consent",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8ee72a4d-4941-4583-8de6-35cf0b862f3a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.386,
        "w": 0.275,
        "x": 0.073,
        "y": 0.307
      },
      "kind": "image",
      "text": "Spruce tree logo",
      "attrs": null,
      "subkind": "illustration",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fb60783c-6dc8-42e5-87ec-32feff938e75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.184,
        "w": 0.58,
        "x": 0.37,
        "y": 0.408
      },
      "kind": "title",
      "text": "Pandemic Poses Unprecedented And Underappreciated Risk To The Business",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5c95651e-fa69-4e01-bd3e-b2828b31f1ca",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 84,
      "from": 41,
      "beatId": "422ae0e1-bf81-40de-97fd-5008b09953d5",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution (Provide relief)",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "The document presents Spruce Point's short sell opinion and argues that the stock is poised for significant downside.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}