(Bloomberg) — SmileDirectClub Inc., the worst performer among last year’s billion-dollar-plus debuts, is facing a critical moment to prove Wall Street bulls haven’t lost their minds.On March 10, the first window opens for insiders and early investors to sell shares and cut their losses. Executives and board members are putting up a united front in sitting out active selling come Tuesday, Chief Financial Officer Kyle Wailes said in a phone interview.The lockup expiry comes amid a historic market meltdown and follows two disappointing earnings reports for SmileDirectClub, the most recent of which included delayed profitability guidance and what analysts characterized …read more
Source:: Yahoo Finance
