SmileDirectClub shares recover some

SmileDirectClub shares surged more than 12 percent on Sept. 13, recovering some losses after shares sank 28 percent during the company’s Sept. 12 market debut, CNBC reports.

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The company reported a 190 percent sales increase from 2017 to 2018, while net losses doubled from $32.8 million to $74.8 million. The company spent $213.1 million on marketing and selling in 2018.

SmileDirectClub has partnerships with CVS Health and Walgreens Boots Alliance.

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