Don't be distracted by reports of a disappointing initial public offering (IPO) for SmileDirectClub (NASDAQ: SDC). Sure, the stock remains below the initial IPO price of $23 per share. But the more important story relates to SmileDirectClub's long-term prospects.
It won't be just investors who pay attention to those prospects. You can bet that Align Technology (NASDAQ: ALGN), the leader in the clear dental aligner market, is watching its smaller competitor like a hawk. Could SmileDirectClub even knock Align Technology out of alignment?
Image source: Getty Images.