What happened. Shares of SmileDirectClub ( SDC 9.23% ) surged higher on Tuesday, soaring as much as 25.1%. As of 2:50 p.m. ET, the stock was still up 24.6%. The catalyst that drove the oral healthcare company higher was a strategic shift to cut costs and focus on its most profitable markets .
Read moreWhy is SDC dropping?
Shares of SmileDirectClub ( SDC 8.12% ) tanked 40.4% in November, according to data from S&P Global Market Intelligence. The online teeth-straightening company reported very disappointing earnings results last month , which is likely the main reason the stock is down so much since the start of the period.
Read moreIs SDC stock a good buy?
Out of 10 analysts, 0 (0%) are recommending SDC as a Strong Buy, 1 (10%) are recommending SDC as a Buy, 7 (70%) are recommending SDC as a Hold, 1 (10%) are recommending SDC as a Sell, and 1 (10%) are recommending SDC as a Strong Sell. What is SDC’s earnings growth forecast for 2022-2024?
Read moreHow much did Allbirds anticipate selling for during their IPO?
Allbirds said late Tuesday that it sold about 20.2 million shares at $15 each , up from the 19.2 million shares at $12 to $14 each it had planned to offer. At $15 a share, the startup’s valuation is roughly $2.15 billion. It will trade Wednesday on the Nasdaq under the ticker BIRD.
Read moreWhat time is BIRD IPO?
Allbirds IPO Timing: Allbirds is expected to have its IPO on Wednesday, November 3rd. The shares will trade on the NASDAQ under the ticker ‘BIRD’. Normally IPOs on the NASDAQ began trading between 10AM-2PM ET . 2.
Read moreCan I invest in Allbirds?
Learn how to easily invest in Allbirds stock. Allbirds Inc. Class A Common Stock is an apparel retail business based in the US. Allbirds shares (BIRD) are listed on the NASDAQ and all prices are listed in US Dollars .
Read moreHow can I buy bird stock?
How to Buy Allbirds IPO (BIRD) Stock
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