By Kuldip K. Ambastha and Anil K. Ambastha
On Monday, January 6, 2020, the stock of SmileDirectClub Inc. (SDC) rose by 21.6%. SmileDirectClub specializes in the teledentistry sector, and has its headquarters in Nashville, Tennessee. SmileDirectClub has announced a deal with Walmart Inc. (WMT) to sell its products inside Walmart stores plus on the Walmart website. Specifically, the products to be offered include an electric toothbrush, a whitening toothpaste, a teeth whitening system, an ultrasonic UV cleaner, and a water flosser. With this deal, SmileDirectClub may get better name recognition with its products being offered at Walmart, the most prominent retailer in the world. Given that the products to be offered are affordable, these products could move in good volume at Walmart and thus may positively benefit SmileDirectClub’s profits going forward.
Keywords – SmileDirectClub Inc., SmileDirectClub, SDC, Walmart Inc., Walmart, WMT, teledentistry, dentistry, retail, Nashville, Tennessee, TN, The Volunteer State.
Disclosure – The principals and clients of Ambastha Financial LLC do not have any positions in SDC. The principals and clients of Ambastha Financial LLC have long equity and short option positions in WMT.
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