SmileDirectClub Inc. shares tumbled anew on Thursday, after the company filed a lawsuit against the California Dental Board and individual members, claiming that they attempted to intimidate its staff and customers in a series of raids on SmileShops across the state. The suit, filed on behalf of Dr. Jeffrey Sulitzer,Read More →
SmileDirectClub shares slid 4.5% Friday before recouping those losses, after a short seller slammed the company for illegal practices and said the teeth-straightening startup cuts corners in ways that put customers at risk. In a blistering report, short seller Hindenburg Research estimated that the stock SDC, +7.45% has about 85%Read More →
© Reuters. Alex Fenkell, founder of SmileDirectClub, speaks as the company debuts its IPO outside the Nasdaq MarketSite in New York (Reuters) – Shares of SmileDirectClub (O:), a teeth alignment company, tumbled 10.7% in their market debut on Thursday, after the company’s initial public offering was priced above expectations. SharesRead More →
Teeth-straightening startup SmileDirectClub Inc. has filed to go public. The Nashville-based company is looking to raise $100 million in its public offering, according to an S-1 the company filed last week. The company has applied to list on Nasdaq under the ticker symbol “SDC,” and J.P. Morgan and Citigroup are theRead More →
