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Smiledirectclub Inc - SDC STOCK NEWS

Welcome to our dedicated news page for Smiledirectclub (Ticker: SDC), a resource for investors and traders seeking the latest updates and insights on Smiledirectclub.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Smiledirectclub's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Smiledirectclub's position in the market.

Rhea-AI Summary
SmileDirectClub announces recapitalization transaction to bolster balance sheet and fuel growth initiatives. Founders commit to invest at least $20 million. Up to $60 million of additional capital available. Company voluntarily files for Chapter 11 bankruptcy. Normal operations to continue without disruption.
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Rhea-AI Summary
SmileDirectClub intends to appeal a decision to pay Align Technology $63 million following a dispute over their supply agreement. The company believes Align procured the award through undue means and plans to file an appeal. If SmileDirectClub wins the appeal, Align will be liable for all costs incurred. The company looks forward to presenting its case during the appeals process.
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-3.7%
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SmileDirectClub announces improved year-over-year adjusted EBITDA and free cash flow in Q2 2023
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-21.05%
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SmileDirectClub announces the opening of eight new SmileShops in the UK and Ireland, with plans for further expansion. The company has reached its 2,000,000-customer milestone and experienced strong financial performance in the first quarter. The new locations are part of an exclusive partnership with Thérapie Clinic, a renowned aesthetic treatment provider. The partnership aims to create a unified destination for affordable orthodontic and cosmetic treatments.
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2.03%
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partnership
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SmileDirectClub, Inc. (Nasdaq: SDC) Announces Launch of Premium Aligner Service CarePlus, Blending In-Person Doctor Visits and Virtual Check-Ins, Along with Concierge Customer Service and Enhanced Product Features
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-0.73%
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22.6%
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SmileDirectClub, Inc. will report second quarter 2023 results on August 8, 2023, and host a conference call on August 9, 2023, to discuss the results.
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10.69%
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SmileDirectClub has reached an agreement with the Office of District of Columbia Attorney General to resolve the litigation brought against the company. The agreement addresses allegations of stifling consumer reviews and aims to increase customer transparency in the industry.
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-2.73%
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-4.05%
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9.5%
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Smiledirectclub Inc

Nasdaq:SDC

SDC Rankings

SDC Stock Data

29.11M
124.04M
8.27%
15.22%
22.23%
Dental Equipment and Supplies Manufacturing
Manufacturing
Link
United States
Nashville

About SDC

smiledirectclub was founded on a simple belief: everyone deserves a smile they love. we’re the first digital brand for straightening your smile, created after the realization that recent trends in 3d printing and telehealth could bring about disruptive change to the invisible aligner market. by leveraging proprietary, cutting-edge technology, we’re helping customers avoid office visits and cut costs by up to 60 percent, because people shouldn’t have to pay a small fortune for a better smile. learn more about how we're redefining an industry and making a difference in people's lives, and apply to join our team today.