Why SmileDirectClub Stock Is Crushing It Today
Shares of SmileDirectClub (NASDAQ: SDC) were skyrocketing 20.9% higher as of 11:16 a.m. EDT on Wednesday. The big jump came after regulatory filings to the Securities and Exchange Commission revealed significant purchases of the stock by key insiders.
Insider buying can be a sign that good things are in store for a company. Investors are especially encouraged when top executives purchase large blocks of stock, indicating optimism about the future.
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Source Fool.com
