Oddity Shares Jump 40% in Stock Market Debut
Investors scoop up buzzy IPO of direct-to-consumer beauty and tech company
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Investors scoop up buzzy IPO of direct-to-consumer beauty and tech company
Shares of Oddity Tech a company that is weaving technology into the beauty industry, surged in their trading debut Wednesday.
Jul. 19—Oddity Tech Ltd. (Nasdaq: ODD) , the parent company of Israeli online cosmetics brand IL Makiage, is beginning trading on Nasdaq at a company valuation of $2 billion. The
(Bloomberg) -- Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesl