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1 min read

SmileDirectClub soars 33% in 3 days as retail traders on social media hope for a short squeeze

The stock has a 34% short-interest rate with less than two days to cover, Fintel.io data show.

Natasha Dailey   


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2 mins read

SmileDirectClub plummets 24% after missing quarterly estimates and reining in expansion plans

"I think it's important to keep things in perspective. We grew to a $750 million company with appro…

Ben Winck   


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2 mins read

WeWork, SmileDirectClub, and Peloton: Here are the 5 biggest 'unicorn' IPO flops of 2019

Smith said that in 2020, it's likely that companies will try to push back on the processes availabl…

Carmen Reinicke   


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SmileDirectClub surges 29% after announcing a line of its products will be sold at Walmart

An electric toothbrush and whitening kit from SmileDirectClub are immediately available at 3,800 Wa…

Carmen Reinicke   


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2 mins read

US stocks rise on investor confidence in economic outlook, while Chinese property stocks dent Asian equities

US stock futures rose, but Asian equities fell, as sentiment was still centered around the unfoldin…

Shalini Nagarajan   


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3 mins read

SmileDirectClub's CEO called JPMorgan's Dimon to complain after the teeth-straightening company tanked in its first day of trading

The bank has been angling for more IPO work by trying to unlock the duopoly that Goldman Sachs and …

Lydia Ramsey,Dakin Campbell   


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1 min read

Wall Street is overwhelmingly bullish on SmileDirectClub even after it had the worst US IPO in 12 years. Here's what analysts are saying.

On Monday, ten firms initiated coverage with a "buy" or equivalent rating, according to Bloomberg d…

Carmen Reinicke   


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3 mins read

Invisalign just conducted a global ad agency review as it looks to ramp up its marketing to fend off rivals like SmileDirectClub

That competition has come from companies like SmileDirectClub, a five-year-old Nashville-based star…

Patrick Coffee   


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3 mins read

Melia Russell   


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4 mins read

Carmen Reinicke   


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2 mins read

Cloudflare rakes in $525 million after pricing its IPO higher than expected

Cloudflare generated $129 million in revenue during the first six months of 2019, but still lost $3…

Daniel Strauss   


Marley Jay   


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5 mins read

Dispensed: A digital health IPO bust, Walmart's push into healthcare, and an MIT project that didn't live up to the hype

Lydia here, back from my wedding and honeymoon and ready to dive into this week's deluge of healthc…

Lydia Ramsey   


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2 mins read

Peloton slides in first day of trading, marking 3rd-worst mega-IPO debut since financial crisis

Subscriptions are a key driver of Peloton's business. Subscribers pay between $19 and $40 a month t…

Daniel Strauss   


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1 min read

Peloton wipes out more than $900 million of investor wealth in its 1st day of public trading

The company sells $2,000 stationary bikes and live-streamed exercise class subscriptions, and has m…

Ben Winck   


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2 mins read

Former Fed Chair Janet Yellen says odds of a recession are 'higher than normal'

Yellen's stint as Fed chair from 2014 to 2018 leaves her with a better-than-usual understanding of …

Ben Winck   


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3 mins read

WeWork is just the 'tip of the iceberg.' Here's why one market expert thinks Silicon Valley's business model 'is at the beginning of a massive unraveling.'

"I think it's the entire model of the Bay area economy of rising asset prices, very high wages - mo…

Christopher Competiello   


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2 mins read

Oracle tanks after CEO Mark Hurd takes indefinite medical leave

The company is in the midst of a pivot toward cloud computing, racing to take on Amazon, Microsoft,…

Ben Winck   


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4 mins read

Pharmacy startups are getting into the business of prescribing medications - and it shows how a new business model is taking over in healthcare

The deal is the latest signal that digital doctor consults are taking on a larger role in US health…

Emma Court,Lydia Ramsey   


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3 mins read

The batch of companies IPOing in 2019 is the least profitable since the tech bubble, Goldman Sachs finds

Though some of the buzziest IPOs of 2019 have come from the tech sector, biotech companies are also…

Ben Winck  Â