Why SmileDirectClub Stock Is Jumping Today
Shares of SmileDirectClub (NASDAQ: SDC) were jumping 9.5% as of 10:54 a.m. EST on Monday. The nice gain came after the company announced a partnership with MetLife (NYSE: MET). Under this partnership, MetLife will offer SmileDirectClub's remote orthodontic care with its dental plans.
Any arrangement that expands the reach for SmileDirectClub is great news for the healthcare stock. This latest deal will make SmileDirectClub's clear aligners available to more than 20 million individuals with MetLife dental insurance.
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Source Fool.com
