Shares in SmileDirectClub (NASDAQ: SDC) shot up over 17% on Monday morning when news of a big distribution deal with Walmart (NYSE: WMT) hit the street. The company provides teeth-straightening devices direct to consumers, cutting out expensive visits to orthodontists.
Under the terms of the deal, SmileDirectClub will provide a host of dental products exclusively to Walmart consumers, including electric toothbrushes, teeth-whitening equipment, a water flosser, sanitizing 'spa', and toothpaste. The electric toothbrush will cost about $25 and the teeth whitening kit is priced near $40.
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