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What’s Going On With SmileDirectClub Stock Today?

SmileDirectClub, Inc. (NASDAQ: SDC) shares popped Monday on what appears to be continued momentum fomr last week.
byRyan Gustafson
July 31, 2023
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SmileDirectClub, Inc. (NASDAQ:SDC) shares popped Monday on what appears to be continued momentum fomr last week. The stock has a short float of 22.14% according to data from Benzinga Pro, which may be helping drive the stock higher amid potential short squeeze interest. 

SmileDirectClub stock also benefitted last week following a strong earnings report from Align Technology (NASDAQ:ALGN). SmileDirectClub itself is set to report second quarter earnings on Aug. 8.

The company is expected to lose 11 cents per share and report revenue of $101.91 million.

Related Link: Here’s Why Monolithic Power Systems Shares Are Moving

SDC Price Action: Shares of SDC were up 17.2% at $0.82 at the time of publication, according to Benzinga Pro.

Image by Bruno Pereira from Pixabay

 

 
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