Every major analyst loves SmileDirectClub shares even after IPO tanks


Jordan Katzman, co-founder of SmileDirectClub Inc., center, and Alex Fenkell, co-founder of SmileDirectClub Inc., right, look at a monitor during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019.

Bloomberg | Bloomberg | Getty Images

Wall Street loves SmileDirectClub but the stock’s performance is not something to smile about.

Eight major Wall Street firms initiated coverage of the newly-public teeth-straightening start-up on Monday with buy ratings and rave reviews, despite the stock’s poor debut.

“We are bullish on the story and see a long runway of continued strong sales growth as the company is poised to benefit from a…


Confidence in housing weakens just as homes become more affordable

Previous article

US economy is robust but geopolitics could damage it, Schwarzman says

Next article

You may also like

Leave a Reply

Notify of

More in Finance