Shares of SmileDirectClub (NASDAQ: SDC) were jumping 9.5% as of 10:54 a.m. EST on Monday. The nice gain came after the company announced a partnership with MetLife (NYSE: MET) . Under this partnership, MetLife will offer SmileDirectClub's remote orthodontic care with its dental plans.
Any arrangement that expands the reach for SmileDirectClub is great news for the healthcare stock . This latest deal will make SmileDirectClub's clear aligners available to more than 20 million individuals with MetLife dental insurance.
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Why SmileDirectClub Stock Is Jumping Today