SmileDirectClub shares falls further on last day of Nasdaq listing

SmileDirectClub

03/10/2023 09:54

** Shares of dental products maker SmileDirectClub  SDC.O 
fall 13% to $0.14 in premarket trading
    ** Co says it received a notice from the Nasdaq saying SDC
will be delisted with a trading suspension from Oct. 4
    ** After the delisting, shares of the $64.9 mln firm will
trade in over-the-counter market systems
    ** Stock plummeted 61% to a record low of $0.16 on Monday
following co's move to file for bankruptcy
    ** Stock has lost 86% of its value from a 52-week high on
Aug. 1 and has more than halved in value this year

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))