Why Shares of SmileDirectClub Trounced the Market on Tuesday

SmileDirectClub (NASDAQ: SDC) is getting litigious. On Monday, after market close, the company announced that it is suing Comcast unit NBC Universal Media in a Nashville, Tennessee court for $2.8 billion. The following day, the stock closed almost 6% higher. 

The lawsuit concerns a report on NBC's Nightly News With Lester Holt that called into question the business practices of the teeth-straightening company.

Image source: SmileDirectClub.

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Source Fool.com