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SmileDirectClub plummeted 20% and is now at an all-time low following weak 3rd-quarter earnings

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It's the largest-ever drop for the company since its September IPO, which was the worst public debut in 12 years for a US company.

SmileDirectClub reported third-quarter 2019 earnings on Tuesday, its first earnings release as a public company. Shares fell as much as 20% Wednesday after the company's reported deeper losses. The company has struggled to make market gains since its September IPO. Watch SmileDirectClub trade live on Markets Insider. Shares of SmileDirectClub fell as much as 20% Wednesday following the company's third-quarter earnings release Tuesday, its first as a public company.

SmileDirectClub reported third-quarter 2019 earnings on Tuesday, its first earnings release as a public company. Shares fell as much as 20% Wednesday after the company's reported deeper losses. The company has struggled to make market gains since its September IPO. Watch SmileDirectClub trade live on Markets Insider. Shares of SmileDirectClub fell as much as 20% Wednesday following the company's third-quarter earnings release Tuesday, its first as a public company.

 

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