Why SmileDirectClub Shares Tanked 40.4% in November

Why SmileDirectClub Shares Tanked 40.4% in November

Shares of SmileDirectClub (NASDAQ: SDC) tanked 40.4% in November, according to data from S&P Global Market Intelligence. On Nov. 8, SmileDirectClub reported quarterly results for the three months ending in September. Management drastically reduced the company's full-year revenue guidance.