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home / articles / why smiledirectclub stock is tanking monday benzinga mwn benzinga

SDC - Why SmileDirectClub Stock Is Tanking Monday | Benzinga

SmileDirectClub, Inc. - Ordinary Shares - Class A

SmileDirectClub Inc (NASDAQ: SDC) shares are trading lower Monday after the company filed for Chapter 11 bankruptcy.

What Happened: Late Friday, SmileDirectClub voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code as part of a process to implement a comprehensive recapitalization transaction. 

SmileDirectClub intends to continue its operations throughout the bankruptcy ...

Full story available on Benzinga.com
Stock Information
Company Name: SmileDirectClub, Inc. - Ordinary Shares - Class A
Stock Symbol: SDC
Market: NYSE
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