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SmileDirectClub, Inc

Company NameSmileDirectClub, Inc
Stock SymbolSDC

On August 9, 2021, after the market closed, SmileDirectClub announced its second quarter 2021 financial results reporting “total revenue was $174 million,” which fell below the prior guidance expecting between $195 million and $200 million.

On this news, the Company’s stock price fell $1.62, or 24%, to close at $5.08 per share on August 10, 2021, thereby injuring investors.

 

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