JP Morgan Downgrades SmileDirectClub to Underweight, Lowers Price Target to $6
JP Morgan analyst Robbie Marcus downgrades SmileDirectClub (NASDAQ:SDC) from Neutral to Underweight and lowers the price target from $10 to $6.
8 Stocks Moving In Monday’s After-Hours Session
Gainers
Kansas City Southern (NYSE: KSU) shares are trading higher following a report suggesting Canadian Pacific plans a new higher bid for the company, near $300 per share.
Recap: SmileDirectClub Q2 Earnings
Shares of SmileDirectClub (NASDAQ:SDC) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 7.69% over the past year to ($0.14), which missed the estimate of ($0.10).
SmileDirectClub Q2 EPS $(0.14) Misses $(0.10) Estimate, Sales $174.18M Miss $198.45M Estimate
SmileDirectClub (NASDAQ:SDC) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.10) by 40 percent. This is a 7.69 percent decrease over losses of $(0.13) per share from the
Earnings Scheduled For August 9, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
SmileDirectClub Confirms In Statement Co. Team Member Entered Its Antioch, Tennessee Manufacturing Facility, Shot 2 Security Guards, 1 Other Team Member, Was Later Apprehended
Following a shooting incident this morning at SmileDirectClub’s Antioch, Tenn. manufacturing facility in which an active Team Member entered the facility, shot two security guards and another Team Member, and was
Move Over Tilray, BlackBerry: Could Traders Slap Shorts Silly On These 4 Stocks?
The most well-known stocks that have undergone momentous short-squeezes this year such as GameStop Corporation (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), Tilray Inc (NASDAQ:
SmileDirectClub Receives Another Favorable Ruling from 11th Circuit Court
SmileDirectClub, Inc. (NASDAQ:SDC), a next generation oral care company with the first medtech platform for teeth straightening, today announced that the U.S. Court of Appeals for the 11th Circuit again sided with
Unusual Options Activity Insight: SmileDirectClub
On Wednesday, shares of SmileDirectClub (NASDAQ:SDC) saw unusual options activity. After the option alert, the stock price moved up to $7.44.
What’s Happening With SmileDirectClub Shares Today?
SmileDirectClub, Inc. (NASDAQ: SDC) shares are trading higher by 5% at $7.33 Wednesday morning after the company reported an en banc panel of the U.S. Court of Appeals for the Eleventh Circuit sided with the company.