Benzinga | Nov 23, 2020 03:48PM EST

Why SmileDirectClub's Stock Is Trading Higher Today

SmileDirectClub (NASDAQ:SDC) shares are trading higher after the company announced a partnership with MetLife to offer in-network coverage of its products.

SmileDirectClub Inc is engaged in the orthodontics business. It is mainly involved in the sale of aligners, impression kits, whitening gel, and retainers. The company has one operating segment, aligner products.

SmileDirectClub shares traded up 13.98% to $12.44 on Monday during the time of publication. The stock has a 52-week high of $15.54 and a 52-week low of $3.64.