Why SmileDirectClub Lost Another 23% in December
Last year brought few smiles to SmileDirectClub (NASDAQ: SDC) investors as all of 2021 was largely a long, steady slog downhill. The orthodontic services provider ended the year with a drop of 23.5% in December, according to data provided by S&P Global Market Intelligence.
The stock of the direct-to-consumer invisible dental aligner specialist now trades for just over $2 a share and there's no indication it has found the bottom. Disappointing quarterly earnings results all year long have set investors' teeth on edge.
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Source Fool.com