SmileDirectClub shares are trading higher on continued strength. The stock recently gained after Align Technology reported better-than-expected Q2 earnings.
Portfolio Pulse from Benzinga Newsdesk
Shares of SmileDirectClub (SDC) are trading higher following the better-than-expected Q2 earnings report from Align Technology. The positive performance of Align Technology, a company in the same sector, has boosted investor confidence in SDC.
July 28, 2023 | 5:37 pm
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SmileDirectClub's stock is trading higher due to the positive Q2 earnings report from Align Technology, a company in the same sector. This has increased investor confidence in SDC.
SmileDirectClub's stock price is rising due to the positive Q2 earnings report from Align Technology. As both companies operate in the same sector, strong performance from one often indicates a healthy industry environment, which can boost investor confidence in other companies within the sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100