SmileDirectClub surges 29% after announcing a line of its products will be sold at Walmart (SDC)

Courtesy Nasdaq

• On Monday, SmileDirectClub announced the launch of a new oral care line available at 3,800 US Walmart stores and online at Walmart.com. 
• Shares surged 29% Monday, the largest intraday gain for the company since its initial public offering in September 2019. 
• Still, SmileDirectClub is trading more than 50% below its IPO price of $23 per share after deep losses and attention from short-sellers has weighed on the company stock.  
• Watch SmileDirectClub trade live on Markets Insider.

Shares of SmileDirectClub surged 29% Monday after the company announced the launch of a new line of oral care products available exclusively at US Walmart stores and online at Walmart.com. 

It's the largest intraday gain for SmileDirectClub since it listed as a public company in September 2019. See the rest of the story at Business Insider

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