Is SmileDirectClub's Stock a Buy?
In a year of busted IPOs, including debuts from Uber and Lyft, SmileDirectClub (NASDAQ: SDC) has been one of the biggest disappointments.
Shares of the teledentistry company, which sells teeth aligners online, sold for $23 in the company's September IPO, but lost nearly two-thirds of their value since then, trading under $8 today. Part of that collapse may be bad timing: SmileDirectClub's IPO came just as WeWork was unraveling. But investors also seem to be skeptical of the company's valuation and its future growth potential. Let's take a look at what SmileDirectClub has to offer investors to determine if the stock is a buy today.
Image source: SmileDirectClub
Source Fool.com
