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SDC - Why SmileDirectClub's Recent Gains Won't Last
SmileDirectClub, Inc. - Ordinary Shares - Class A
Shares of SmileDirectClub (NASDAQ: SDC) posted some impressive gains recently. On Oct. 6, 2021, the stock shot up around 15% after members of Reddit's WallStreetBets community began expressing bullish sentiment for this chronic underperformer.
The company's dentistry-light approach to providing tooth-alignment services makes a lot of sense in a country with woefully limited access to dentistry. In 2019, more than one-third of U.S. adults didn't even go in for a cleaning.