SmileDirectClub Fails To Give Investors Any Reason To Smile
SmileDirectClub Inc’s (NASDAQ: SDC) stock plummeted after the company reported its third-quarter revenue at $137.68 million, down 18.3% year-on-year, missing the consensus estimate of $181.90 million.
58 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Dover Motorsports, Inc. (NYSE: DVD) shares climbed 60.3% to $3.59 after Speedway Motorsports announced it will acquire the company for $3.61 per share in cash.
Why SmileDirectClub Shares Are Tumbling Today
SmileDirectClub Inc (NASDAQ: SDC) is trading significantly lower after the company reported worse-than-expected third-quarter financial results and issued guidance below estimates.
Craig-Hallum Downgrades SmileDirectClub to Sell, Lowers Price Target to $3
Craig-Hallum analyst Alexander Nowak downgrades SmileDirectClub (NASDAQ:SDC) from Hold to Sell and lowers the price target from $8 to $3.
32 Stocks Moving in Tuesday’s Pre-Market Session
Gainers
Dover Motorsports, Inc. (NYSE: DVD) rose 57% to $3.58 in pre-market trading.
SmileDirectClub Stock Plunges As Q3 Earnings Lag Street Forecasts, FY21 Outlook Cut
SmileDirectClub Inc (NASDAQ:SDC) posted Q3 revenue of $137.68 million, a decrease of 18.3% Y/Y, missing the consensus of $181.90 million.…
Tesla Remains Top-Discussed Stock On WallStreetBets; AMD, PayPal And These Are Other Top Trends Today
Tesla Inc. (NASDAQ: TSLA) continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday, while Advanced Micro Devices Inc.